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Bid Corporation Ltd (BIDJ.J)

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Summary

Name Age Since Current Position

Brian Joffe

70 Executive Chairman of the Board

Bernard Berson

52 Chief Executive Officer, Director

David Cleasby

55 Chief Financial Officer, Director

AK Biggs

Company Secretary

Douglas Band

73 Lead Independent Non-Executive Director

Paul Baloyi

61 Independent Non-Executive Director

Stephen Koseff

65 2017 Independent Non-Executive Director

Dolly Mokgatle

61 2016 Independent Non-Executive Director

Nigel Payne

57 Independent Non-Executive Director

Helen Wiseman

51 Independent Non-Executive Director

Biographies

Name Description

Brian Joffe

Mr. Brian Joffe is Executive Chairman of the Board of the Company. Director of numerous Bidvest subsidiaries. Since founding Bid Corporation in 1988, Brian served as executive chairman until his appointment as chief executive in 2004. He has over 33 years of South African and international commercial experience. Brian was one of the Sunday Times’ top five businessmen in 1992 and is a past recipient of the Jewish Business Achiever of the Year award, was listed as one of the top 100 Africans of the Year in the Africa Almanac in 2001, was voted South Africa’s Top Manager of the Year in 2002 in the Corporate Research Foundation’s publication “South Africa’s Leading Managers”, represented South Africa at the coveted “Ernst & Young World Entrepreneur of the Year” awards in 2003, voted the Sunday Times’ Businessman of the Year in 2007, awarded an honorary doctorate in May 2008 by Unisa and selected in 2010 by Wits Business School Journal as one of South Africa’s top 25 business leaders, having made a significant impact on business in South Africa over the last five years. Listed by Forbes Magazine as one of the 20 most powerful people in African business. Brian is currently appointed vice-chairman of the board of Adcock Ingram previously chairman 2014-2015) and was previously chairman of Bidvest Namibia (resigned in 2014).

Bernard Berson

Mr. Bernard Larry Berson is Chief Executive Officer, Director of the Company. After qualifying as a Chartered Accountant, Bernard joined Bidvest in South Africa in 1990, as the Financial Director of the Packaging and Strapping division. Bernard then moved to Toronto, Canada in 1993, and worked in a financial role in an aged care development business and then in a home fabrics distribution company. Since 1996, Bernard has been involved in all aspects of the development of Bidcorp’s foodservice business in Australia, New Zealand and Asia, and in 2010 assumed responsibility for Bidcorps’ global foodservice businesses, including its operations in the UK and Europe. Over the past 21 years Bernard has been involved in all material acquisitions and directing the strategic focus of the businesses. Bernard was appointed as chief executive of Bid Corporation Limited on April 14 2016.

David Cleasby

Mr. David Edward Cleasby is a Chief Financial Officer, Director of the Company. He was financial director of Rennies Terminals when Bidvest acquired Rennies group in 1998. In 2001, he joined the Bidvest corporate office where he was involved in both group corporate finance and investor relations. David was appointed as Bidvest financial director on July 9 2007. David managed Bidvest’s interests in the investments made by the group over the years. David was appointed as chief financial officer of Bid Corporation Limited on April 14 2016.

AK Biggs

Douglas Band

Mr. Douglas Denoon Balharrie Band is a Lead Independent Non-Executive Director of the Company. He has extensive experience in both commerce and industry and has previously served in the capacity of independent director in a number of JSE top 40 companies.

Paul Baloyi

Mr. Paul Cambo Baloyi is a Independent Non-Executive Director of the Company. He Paul is the managing director of CAP Leverage Proprietary Limited. He is a former chief executive officer and managing director of the Development Bank of Southern Africa. Paul also served as chief executive officer and managing director of DBSA Development Fund. Paul has spent 30 years in the financial services sector, with both Standard Bank and the Nedbank group. His last position at Nedbank was as managing director of Nedbank Africa. Paul has been an independent non-executive director on many boards locally and internationally including, African financial institutions. He was a council member of the Institute of Bankers and also served as chairman of the Ned Medical Aid. Other boards include Old Mutual South Africa, AUSTRO Group Limited, Basil Read Limited (chairman) and CAP Leverage Proprietary Limited. Paul also serves on various board committees (audit, risk, remuneration and nominations) as member and chairman.

Stephen Koseff

Mr. Stephen Koseff is Independent Non-Executive Director of the Company. He is chief executive officer of Investec Limited (Investec) which has dual listing on both the London Stock Exchange and the JSE. Stephen has been with Investec for 37 years in various capacities and has been in his current role as chief executive officer since 1996. Stephen is a qualified chartered accountant and holds a master’s degree in Business Administration and a Higher Diploma in Business Data Processing. In 2017 Stephen was awarded an Honorary Doctor of Commerce by the University of Witwatersrand. In addition to his directorships of Investec and Investec plc and various other Investec subsidiaries, he is a non-executive director the South African Banking Association. He is a current board member of Business Leadership South Africa. He is a former Chairman of the South African Banking Association, a former non-executive director of The Bidvest Group Limited and former director of the JSE, former member of the Financial Markets Advisory Board, and former chairman of the Independent Bankers Association.

Dolly Mokgatle

Ms. Dolly D. Mokgatle is Independent Non-Executive Director of the Company. She is a qualified attorney with a BProc (University of Limpopo), LLB (Wits), HDip Tax Law (Wits). Co-founder and executive director of Peotona Group Holdings. Chairperson of Total SA, Unisa School of Business Leadership. Nonexecutive director of Kumba Iron Ore, IQ Business, Lafarge Industries SA, Lafarge Mining Industries SA. Founding chairperson of Palesa Ya Sechaba Foundation NPC, director of Junior Achievement South Africa, member of Unisa Council, and trustee of Pearson Marang Education Trust. Appointed as a member of the Deputy President’s Advisory Panel on Eskom in February 2015.

Nigel Payne

Mr. Nigel George Payne is a Independent Non-Executive Director of the Company. He is a professional non-executive director, with no executive responsibilities. He is a director of the Mr Price Group Limited (chairman), The Bidvest Group Limited, JSE Limited and Vukile Property Fund Limited.

Helen Wiseman

Ms. Helen Wiseman is a Independent Non-Executive Director of the Company. A non-executive director, Helen has extensive international business experience across a range of sectors including manufacturing, distribution, mining, energy and financial services. Helen has chaired regional audit committees of the Bidvest International Foodservice business since 2011 and has held various board and audit committee roles, including her current role as audit and risk committee chairman for Bid Corporation Limited.

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