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Allied Electronics Corporation Ltd (AELJ.J)

AELJ.J on Johannesburg Stock Exchange

1,919.00ZAc
25 Mar 2019
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Summary

Name Age Since Current Position

Michael Leeming

75 2017 Non-Executive Independent Chairman of the Board

Mteto Nyati

54 2017 Chief Executive Officer, Director

W. Groenewald

2017 Group Company Secretary

Antony Ball

60 2017 Non-Executive Director

Brett Dawson

54 2017 Non-Executive Director

Berenice Francis

39 2018 Non-Executive Director

Samuel Sithole

45 2017 Non-Executive Director

Robert Venter

58 2017 Non-Executive Director

Grant Gelink

69 2012 Independent Non-Executive Director

Penuell Maduna

66 2004 Independent Non-Executive Director

Dawn Mokhobo

70 2008 Independent Non-Executive Director

Stewart Van Graan

63 2017 Non-Executive Independent Director

Zipporah Maubane

2018 Group Executive - Marketing and Investor Relations

Biographies

Name Description

Michael Leeming

Mr. Michael John Leeming is Non-Executive Independent Chairman of the Board of the Company, with effect from 1 March 2017. He is no longer Non-Executive Lead Independent Director of the Company, with effect from 1 March 2017. His other titles include Chairman of the Altron Risk Management Committee and Member of the Altron Audit and Nomination Committees. He has experience as banker and a director of AECI Limited, Imperial Holdings Limited, Real Africa Holdings Limited and Woolworths Holdings Limited. He holds a Bachelor of Commerce degree from Rhodes College, a Masters of Commerce degree from Wits University, and a FIBSA from the same university. He is Fellow of the Certified Management Accountants and has completed the Harvard University’s Advanced Management Program.

Mteto Nyati

Mr. Mteto Nyati is Chief Executive Officer, Director of the Company. Prior to appointment as Group Chief Executive of Altron, Mr Nyati was the Chief Executive Officer at MTN South Africa from July 2015 to March 2017. Mr Nyati was responsible for returning MTN South Africa to growth by overhauling employee engagement and transforming customer experience. Mr. Nyati served as Group Chief Enterprise Officer of MTN Group Limited from October 1, 2014. He joined MTN from Microsoft, where he served as General Manager for Middle East and Africa (MEA) Emerging Regions. He served as Head/Managing Director of Microsoft South Africa for Microsoft Corporation since 2008. Mr. Nyati had a 12-year career at IBM, where he served as a Director of Global Technology Services for South and Central Africa since June 2005. At IBM, he also served in several senior executive roles. He led three large business units at IBM- telecommunications, small and medium business.

W. Groenewald

Mr. W. K. Groenewald is Group Company Secretary of the Company, with effect from 1 March 2017. He is no longer the Interim Group Company Secretary of the Company, with effect from 1 March 2017. Mr. Groenewald is an admitted attorney and holds the B Com LLB degrees. He is also an associate member of the Institute of Chartered Secretaries of Southern Africa and was previously the Altech and Altron TMT company secretary.

Antony Ball

Mr. Antony Ball is Non-Executive Director of the Company. Antony’s notable business accomplishment was the founding (1990) and building of Brait, South Africa’s premier private equity business. It is regarded as being the pioneer of private equity in the region and played an important role in bringing both domestic and international investors into the asset class. Brait restructured in 2011, in effect turning itself into a listed investment company, raising sufficient shareholder capital to sustain its investment programme. He transitioned to a non-executive position at Brait and exited by governance commitments in 2013. In addition, Antony has had extensive experience in business building including: The Strategy Group (a 30-person unit at Deloitte); Rockwood, as well as investment skills and a wealth of board experience. Antony is the published author of “The Winning Way: Lessons from super-performing South African companies”.

Brett Dawson

Mr. Brett W. Dawson is Non-Executive Director of the Company. Brett previously held senior positions within Dimension Data, 12 years of which as CEO of Dimension Data (2004 – 2016). Prior to working at Dimension Data, Brett held senior positions at Dimension Data North America and at Internet Solutions.

Berenice Francis

Ms. Berenice Joy Francis is Non-Executive Director of the Company. Ms Francis has over 20 years’ experience in the implementation of governance, risk and compliance frameworks across various sectors. She is currently the Group Commercial Executive of Imperial Holdings Limited and is a member of several Imperial group boards and oversight committees. Previously, Ms Francis held executive risk officer positions at the State IT Agency (SITA) and the City of Johannesburg. She has also held non-executive director positions at National Treasury, the Department of Communications and the Universal Service and Access Agency of SA (USAASA). Ms Francis, a certified internal auditor, is the current president of the Institute of Risk Management SA and has served on the board of the Institute of Internal Auditors.

Samuel Sithole

Mr. Samuel Sithole is Non-Executive Director of the Company. Chief Executive Officer of Value Capital Partners. He was an Executive Director of Brait SE from June 2008 until September 2016, where he spent most of his years as the Financial Director of the Brait Group and later as Executive Director: Capital and Treasury. The above period included extensive corporate and group re-organisations, as well as engaging in both local and international markets for new capital for the group. Mr Sithole was a member of the investment team from 2011 until 2016, when Brait transitioned into an investment company, a period which saw the company grow its market capitalisation over 10 times within a five-year period. Mr Sithole is a former partner of Deloitte, where he spent six years as an audit partner and departed the organisation as a Group Leader for the Financial Services Audit practice in the Johannesburg offices.

Robert Venter

Mr. Robert E. Venter serves as Director of Allied Electronics Corporation Limited. He holds BA (Econ) (UCLA); MBA (UCLA) Dean’s List. Robbie has 24 years’ experience in senior management positions in the Altron group (1990 to current), including chief executive officer of Aberdare Cables (1993 to 1996) and chief executive officer of Powertech (1996 to 2001) before joining Altron as chief executive (2001 to present). Prior to joining Altron, Robbie spent four years’ in merchant banking in the United States and the latter part, as vice president of Bear Stearns and Co. Inc (1987 to 1990).

Grant Gelink

Mr. Grant Glenn Gelink serves as Independent Non-Executive Director of Allied Electronics Corporation Limited., with effect from June 1, 2012. Grant has had extensive work experience with Deloitte, which includes the following positions spanning over 26 years – chief executive (2006 – present), chief executive Human Capital Corporation (2004 – 2006), head of consulting and advisory services (2001 – 2006), partner-n-charge Pretoria office (1997 – 1999), national head of public sector (1995 – 1999), partner (1993 – 2012) and audit trainee and manager (1986 – 1993). Prior to joining Deloitte, Grant was a high school teacher in Durban for six years. Grant’s current board memberships include Santam Limited, FirsdRand Limited, Grindrod Limited, Eqstra Holdings Limited and MTN Zakhele Limited.

Penuell Maduna

Dr. Penuell M. Maduna is an Independent Non-Executive Director of Allied Electronics Corporation Limited. Penuell is a former member of the ANC’s Constitutional Committee and National Executive Committee, former Deputy Minister of the Department of Home Affairs (1994 to 1996) and former Minister of the Departments of Minerals and Energy (1996 to 1999) and Justice and Constitutional Development (1999 to 2004). Penuell is an admitted attorney, notary and conveyancer. Deputy chairman and partner, Bowman Gilfillan (present) Currently, Penuell is a partner at and of the Bowman Gilfillan’s partnership board, as well as a non-executive director of Eland Platinum Holdings Limited, chairman of SAB Zenzele Holdings Limited and deputy chairman of Sasol Oil Proprietary Limited.

Dawn Mokhobo

Ms. Dawn Nonceba Merle Mokhobo is an Independent Non-Executive Director of Allied Electronics Corporation Limited. awn is one of South Africa’s leading managers and businesswomen, with a highly successful and pioneering career spanning the public, private and parastatal sectors. Her talents and accomplishments were recognised in particular by her appointment as the first black woman to the management board of Eskom, as executive director in charge of growth and development. Prior to this, Dawn worked as a senior manager and senior general manager (human resources) for Eskom and as senior divisional health education manager for the Anglo American Corporation. Dawn’s talents and achievements have been widely recognised and acclaimed both locally and offshore. In 1993, she received the prestigious South African Businesswoman of the Year award. In 1994, she was honoured with an invitation to serve as one of the independent electoral commissioners who supervised the country’s first democratic elections. In 1995, she was invited by the Minister of Safety and Security to serve as chairman of the high-powered promotions committee for the South African Police Service. In 1996, Dawn was nominated as the chairman of the UN Special Committee of Experts appointed to address the global issue of women and senior economic decision-making. Her current board memberships include Engen Limited, Wesizwe Platinum Limited, Partnership Investments (Pty) Ltd, Sabvest (Pty) Ltd and Cricket South Africa (CSA). Dawn was previously a non-executive director of Massmart Holdings Limited.

Stewart Van Graan

Mr. Stewart van Graan serves as Non-Executive Independent Director of the Company., effective 1 June 2017. Mr Van Graan has more than 35 years’ experience in the ICT industry. Prior to leaving Dell, he recently led Dell’s Enterprise Solutions business in the EMEA Emerging Markets. Here he had responsibility for Dell’s Enterprise Solutions strategy and performance across 104 emerging countries, including South Africa. Mr Van Graan also served as the chairman of the board of Dell in South Africa. Previously, over a combined period of 14 years, Mr Van Graan was the managing director of Dell in South Africa and the general manager of Dell Africa. Prior to joining Dell in 2002, he spent 23 years at IBM in various positions, both locally and internationally. Since stepping down from the Dell South Africa board, Mr Van Graan has been actively pursuing his interests around engaging with businesses and individuals in their growth and transformation strategies, with particular focus on mentoring young talent and guiding the youth and business professionals on leadership in the ICT industry. Mr Van Graan holds a BCom (Hons) degree in systems and technology from the University of Cape Town.

Zipporah Maubane

Basic Compensation

Name Fiscal Year Total

Michael Leeming

1,453,000

Mteto Nyati

19,687,000

W. Groenewald

--

Antony Ball

636,000

Brett Dawson

2,400,000

Berenice Francis

--

Samuel Sithole

570,000

Robert Venter

8,403,000

Grant Gelink

724,000

Penuell Maduna

575,000

Dawn Mokhobo

561,000

Stewart Van Graan

510,000

Zipporah Maubane

--
As Of  27 Feb 2018