Edition:
United States

Astral Foods Ltd (ARLJ.J)

ARLJ.J on Johannesburg Stock Exchange

27,271.00ZAc
22 Jun 2018
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Summary

Name Age Since Current Position

Theunis Eloff

62 2014 Non-Executive Chairman of the Board

Christiaan Schutte

57 2009 Chief Executive Officer, Executive Director

Daniel Ferreira

61 2015 Chief Financial Officer, Executive Director

Gary Arnold

45 2016 Managing Director - Agriculture, Executive Director

Andrew Crocker

46 2016 Managing Director - Commercial, Executive Director

Evert Potgieter

47 2014 Director - Risk Management

Michael Schmitz

56 Managing Director - Feed

Maryna Eloff

63 2005 Group Company Secretary

Diederik Fouche

63 2017 Lead Independent Non-executive Director

Marthinus Lategan

60 2016 Independent Non-Executive Director

Takalani Maumela

49 2016 Non-Executive Independent Director

Tshepo Shabangu

46 2016 Non-Executive Independent Director

Biographies

Name Description

Theunis Eloff

Dr. Theunis Eloff, is Non-Executive Chairman of the Board of Astral Foods Limited. He Served as minister of religion in Pretoria since 1983. Completed Doctorate in theological ethics. Left the ministry in 1989 and joined the Consultative Business Movement (CBM). Headed the administration of Codesa. Deputy Director of the Transitional Executive Council before the 1994 elections. Chief Executive Officer of National Business Initiative from 1995. Became Vice-Chancellor of Potchefstroom University for CHE in 2002, and headed the merged North-West University from 2004. Completed his second term at the NWU in May 2014. Chairman of Die Dagbreek Trust, the Trust vir Afrikaanse Onderwys and Chief Executive Officer of the FW de Klerk Foundation. Past President of the Afrikaanse Handelsinstituut (AHI).

Christiaan Schutte

Mr. Christiaan (Chris) Ernst Schutte is the Chief Executive Officer, Executive Director of Astral Foods Ltd. Joined Golden Lay Farms, a division of Tiger Brands, the leading egg producing organisation in Southern Africa, in October 1984 as Assistant Farm Manager. Spent 18 years with the group in various positions including Sales Director from 1996 to 2002. Joined Astral Foods Limited in May 2002 as Manager of retail sales for Meadow Feeds before being appointed as Sales and Marketing Director in August 2002. Appointed as Managing Director for the Animal Feeds division in July 2004 responsible for Meadow Feeds Southern Africa and various other service related business units. Appointed as Chief Executive Officer of Astral Foods Limited on 1 May 2009.

Daniel Ferreira

Mr. Daniel Dirk Ferreira, BCom, B Compt (Hons), CA(SA), is Chief Financial Officer, Executive Director of Astral Foods Limited. Employed by ICS Group Limited before the acquisition of ICS by Tiger Brands, where he held positions in operational, financial management, tax management, project management and later as Group Financial Manager. He later joined Genfood for two years before joining Astral in February 2001 as Group Financial Manager. He was appointed as Chief Financial Officer in May 2009

Gary Arnold

Mr. Gary Desmond Arnold is Managing Director - Agriculture, Executive Director of Astral Foods Limited. Started his career in 1997 as Animal Nutritionist for Meadow Feeds Delmas and Meadow Feeds Welkom. In 1998 he was appointed as the Technical Manager for Meadow Feeds Delmas, and in 2001 appointed as the Technical Manager for Meadow Feeds northern region. In 2004 he was appointed as the Managing Director of Provimi SSA (previously Nutec Southern Africa), and in 2006 he was appointed to the position of Chief Operating Officer for Meadow Feeds in the Western Cape. Appointed as Director: Business Development of Astral Operations Limited on 1 November 2010 and in April 2017 he was appointed to his current position as Managing Director of the Agriculture division.

Andrew Crocker

Mr. Andrew (Andy) Barry Crocker is the Managing Director - Commercial, Executive Director of the company. Appointed to the board on 1 April 2016 Started his career in 1998 as a Technical Adviser for Meadow Feeds helping to establish operations in the Eastern Cape. In 2000 he was appointed as the Technical Support Manager for the Eastern Cape, before moving to Meadow Paarl as Sales Manager in 2002. Originally appointed as General Manager of the Port Elizabeth mill in 2005, he became Chief Operating Officer of the Cape Region in 2006. In 2010 he head the formation of the Cape Region as Chief Operating Officer responsible for the Paarl, Ladismith and Port Elizabeth operations. Appointed as Managing Director of the Feeds division in February 2012 and in April 2017 he was appointed to his current position as Managing Director of the Commercial division.

Evert Potgieter

Mr. Evert Potgieter is Director - Risk Management of the company. He joined the Altron group in 1997 in the internal audit department. During his time at Altron he obtained his Certified Internal Audit certification and was promoted to Deputy Internal Audit Manager, a position he held for five years before joining Astral in 2006 as Internal Audit Manager. Current responsibilities include internal audit, risk, insurance and information technology for the group.

Michael Schmitz

Mr. Michael Schmitz is Managing Director - Feed of the company. Has been employed in the Astral group for more than 30 years. Started his career in 1987 with Coopers Animal Health as a Research Scientist and joined Meadow Feeds nine months later as Technical Advisor. In 1999 he became the General Manager of Meadow Feeds Randfontein. He was appointed as Chief Operations Officer of Meadow Feeds Pietermaritzburg in 2005, a position he held until 2017 when he was promoted to his current position as head of the Feed division.

Maryna Eloff

Ms. Maryna A. Eloff is the Group Company Secretary of Astral Foods Limited. Has extensive experience in administration and company secretarial practice in numerous companies in the stockbroking, banking, information technology and mining industries. Director of a number of gold mining companies from 1997 to 2003. Currently responsible for the company secretarial and legal function of the Astral group, management member of the group’s provident funds and member of the Group Corporate Risk Management Committee.

Diederik Fouche

Mr. Diederik Johannes Fouche is Lead Independent Non-executive Director of the company. Former PwC partner for 34 years and head of PwC Southern Africa Consumer, Industrial Products and Services industry practice (“CIPS”) for 17 years. Served as member of the PwC Southern Africa & Africa Board and was chairman of the Finance and Risk Committee. He also represented the firm on the PwC Europe, Middle East and Africa CIPS Committee. He has extensive experience in the consumer industrial products and services industry and has engaged with clients, global experts and industry on various surveys, trends and strategic issues. He has provided clients with merger and acquisition transaction structuring and support. Also assisted clients with the issue of bonds listed in foreign markets as part of the PwC Global Capital Markets team. He has been involved in the audits of major listed and multinational clients and the control of audits as the corporate engagement partner of companies with multi locations and foreign operations. Currently serves as a Non-executive Director and Chairman of the board of Directors of Distribution and Warehousing Network Limited (DAWN).

Marthinus Lategan

Dr. Marthinus Theunis Lategan is an Independent Non-Executive Director of the Company. He joined Rand Merchant Bank’s Structured Finance team in 1994 and in 1999, following the formation of the FirstRand Banking Group, became the Chief Executive Officer of the Corporate and Commercial Banking division of First National Bank. In 2005 he was appointed as the Chairman of the Divisional Board of First National Bank and served on various other FirstRand group committees. He retired from the FirstRand Group at the end of 2010 to pursue private interests. Since 2011 he has served as a Non-executive member of the Board and Audit Committee of Steinhoff International Holdings Limited and currently also chairs its Remuneration Committee. He joined Barclays Africa Corporate and Investment Banking division in 2013 as Non-executive Vice Chairman.

Takalani Maumela

Ms. Takalani Patricia Maumela is Non-Executive Independent Director of Astral Foods Limited., since July 1, 2013. A seasoned manager in the health care industry with experience in adjudication of claims, membership management and management of walk-in client service centres in all provinces. Currently employed at Metropolitan Health as Government Employees Medical Scheme General Manager and previously as Transmed General Manager. Prior positions include Clinical Executive at Qualsa Healthcare and Divisional Manager – business solutions at Discovery Health. Serves as an Executive Director on the Metropolitan Health board since 2016.

Tshepo Shabangu

Ms. Tshepo Monica Shabangu is Non-Executive Independent Director of Astral Foods Limited., effective July 1, 2013. A legal professional with significant experience in managing the commercial and intellectual property portfolios of blue-chip companies. This includes the negotiation and drafting of commercial agreements and advising local and international companies regarding the identification, protection, exploitation and management of intellectual property. Also has extensive experience in corporate governance. Previously the Chairman of the Anglo Inyosi Coal Community Trust and a Director of Inyosi (Pty) Limited, the broad-based black empowerment partner of Anglo Coal Limited. Resigned from these positions in November 2011 and currently sits as Trustee of one of Royal Bafokeng’s employee trusts. Past President of the South African Institute of Intellectual Property Law and Legal Resources Trust. Previously a member of the Ethics Committee of the Law Society of South Africa and Company Law Committee of the Law Society of the northern provinces. Appointed by the Law Society of South Africa as a Council representative of South Africa at the International Bar Association (IBA). Member of the Policy and Credentials Committee of the IBA. Appointed as Council member of the Law Society of the northern provinces, a statutory body governing the attorneys profession. Currently employed as a partner in the law firm Spoor & Fisher.

Basic Compensation

Name Fiscal Year Total

Theunis Eloff

1,100,000

Christiaan Schutte

21,605,000

Daniel Ferreira

12,998,000

Gary Arnold

9,379,000

Andrew Crocker

10,809,000

Evert Potgieter

--

Michael Schmitz

--

Maryna Eloff

566,000

Diederik Fouche

600,000

Marthinus Lategan

405,000

Takalani Maumela

410,000

Tshepo Shabangu

512,000
As Of  29 Sep 2017