Edition:
United States

Grindrod Ltd (GNDJ.J)

GNDJ.J on Johannesburg Stock Exchange

1,348.00ZAc
22 Nov 2017
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Summary

Name Age Since Current Position

Michael Hankinson

67 2017 Executive Chairman of the Board, Chief Executive Officer

Bongiwe Ntuli

39 2015 Chief Executive Officer - Port, Terminals and Rail, Executive Director

Martyn Wade

57 2014 Chief Executive Officer - Shipping, Executive Director

David Polkinghorne

52 2014 Managing Director - Financial Services, Executive Director

Andrew Waller

54 2011 Chief Financial Officer, Executive Director

Cathie Lewis

2013 Group Company Secretary

Hassen Adams

64 2000 Independent Non-Executive Director

Mkhuseli Faku

50 2009 Independent Non-Executive Director

Walter Geach

62 2008 Independent Non-Executive Director

Grant Gelink

67 2013 Independent Non-Executive Director

Zola Malinga

39 2016 Non-Executive Independent Director

Raymond Ndlovu

50 2016 Non-Executive Independent Director

Nkululeko Sowazi

53 2014 Independent Non-executive director

Pieter Uys

54 2013 Non-Executive Independent Director

Sandile Zungu

50 2009 Independent Non-Executive Director

Biographies

Name Description

Michael Hankinson

Mr. Michael John Hankinson serves as Executive Chairman of the Board, Chief Executive Officer of the Company. Mike took over as chairman of Grindrod Limited in 2014 having been appointed as a non-executive director in 2009. He is the current chairman of the Spar Group Limited and is a former non-executive director of numerous listed and unlisted companies including Dunlop Tyres International Proprietary Limited and Romatex Limited.

Bongiwe Ntuli

Ms. Bongiwe Ntuli serves as Chief Executive Officer - Port, Terminals and Rail, Executive Director of the Company. She is Director of local subsidiary companies and associates, including Grindrod (SA) (Pty) Ltd, Oiltanking Grindrod Calulo (Pty) Ltd and Röhlig-Grindrod (Pty) Ltd. Bongiwe joined Freight Services in May 2008 as chief financial officer. She previously held various finance, treasury and risk management positions within Anglo American at their head office and in their subsidiaries in different countries, including SA, Canada and London. She holds CA(SA).

Martyn Wade

Mr. Martyn R. Wade serves as Chief Executive Officer - Shipping, Executive Director of the Company. He has been Director of major international subsidiary companies and UK Freight Demurrage & Defence Association (UK). Martyn has 37 years of international shipping experience and has worked for shipowners, operators and brokers in London, Johannesburg, New York and Singapore. Martyn was a member of the original Baltic Exchange for 10 years. He has six years service with the group.

David Polkinghorne

Mr. David Andrew Polkinghorne serves as Managing Director - Financial Services, Executive Director of the Company. He has been Managing director of Grindrod Bank Limited and executive director of all the Financial Services Division group companies. Director of The Umhlathuzi Valley Sugar Company Limited and trustee of two charitable trusts. Chairman of the Grindrod Pension and Grindrod Provident Funds. David has been involved in the financial services sector for more than 20 years. He has had exposure to all areas of corporate and investment banking and, in particular, has extensive experience in commercial property finance, private equity and corporate finance. He has 15 years service with the group.

Andrew Waller

Mr. Andrew G. Waller serves as Chief Financial Officer, Executive Director of the Company. He has been Director of local and international subsidiaries. Andrew was previously a partner of Deloitte & Touche for 15 years during which time he was responsible for a number of South African listed companies. He has four years service with the group.

Cathie Lewis

Mrs. Cathie I. Lewis is Group Company Secretary of the Company. She holds LLB; LLM (Law of Contract); LLM (Corporate Law), Admitted Attorney and Conveyancer.

Hassen Adams

Mr. Hassen Adams serves as Independent Non-Executive Director of the Company. Hassen is a consulting engineer, executive chairman of Grand Parade Investment Limited and non-executive chairman of SunWest. He holds directorships in diverse industry sectors including construction, gaming, shipping, entertainment and leisure and has extensive experience in corporate finance. Hassen was voted EY’s South African Exceptional Entrepreneur for 2014.

Mkhuseli Faku

Mr. Mkhuseli Richman Faku serves as Independent Non-Executive Director of the Company. Since 15 December 2009 Group executive chairman and founder of Calulo Investments Proprietary Limited and director of various Calulo group companies. Mkhuseli has extensive experience in the South African oil industry and serves on the boards of Total South Africa and Rhodes University.

Walter Geach

Prof. Walter Dayson Geach serves as Independent Non-Executive Director of the Company. He has been Non-executive director of Grindrod Bank Limited. Walter is an Advocate of the High Court of South Africa and a senior professor at the University of the Western Cape. Walter’s areas of specialisation are financial accounting, taxation, corporate governance, business and financial services.

Grant Gelink

Mr. Grant Glenn Gelink serves as Independent Non-Executive Director of the Company. He holds BCompt (Hons); BCom (Hons); CA(SA); H Dip Education; Dip Public Administration. He is Non-executive director of Altron Limited, MTN Zakhele Limited, FirstRand Limited and Santam Limited. Grant has had extensive work experience with Deloitte & Touche, which spans over 26 years, and he served as chief executive from 2006 until his retirement from the firm in 2012.

Zola Malinga

Ms. Zola Malinga serves as Non-Executive Independent Director of the Company. She is a Co-founder and executive director of Jade Capital Partners. Zola has experience in corporate finance, investments and debt and equity finance at the real estate division of Standard Bank, Investec Bank and the Liberty group. She serves as non-executive director and a member of the audit committee of Hospitality Property Fund Limited and Sasol Inzalo.

Raymond Ndlovu

Mr. Raymond Ndlovu serves as Non-Executive Independent Director of the Company. Raymond has 27 years experience in various fields in the financial services industry. In 2013 Raymond joined Invenfin, the venture investment division of Remgro as an investment executive, before being re-assigned to Remgro in July 2015. He serves in a non-executive capacity on the boards of several Remgro investee companies and as an independent director of Strate Limited.

Nkululeko Sowazi

Mr. Nkululeko Leonard Sowazi serves as Independent Non-executive director of the Company. He is the Chairman on the board of Litha Healthcare Holdings and currently serves as a non-executive director on the boards of Idwala Industrial Holdings, Actom Holdings and Vanguard Group (Ghana). Previously served on the boards of Aveng Limited and Exxaro Resources Limited, inter alia. Nkululeko has over 15 years’ experience in investment management and has vast knowledge of and exposure to the mining, infrastructure and financial services sectors.

Pieter Uys

Mr. Pieter Uys serves as Non-Executive Independent Director of the Company. Director of major local and international companies and also serves on the Remgro Management Board. Pieter is a former CEO of Vodacom Limited.

Sandile Zungu

Mr. Sandile Donald Muziwenkosi Zungu serves as Independent Non-Executive Director of the Company. He has been Executive chairman and founding member of Zungu Investments Proprietary Limited and chairman of EOH Holdings Limited. Sandile serves on the Presidential Advisory Council on Black Economic Empowerment and was a member of the World Economic Forum in his capacity as Young Global Leader.

Basic Compensation

Name Fiscal Year Total

Michael Hankinson

1,189,000

Bongiwe Ntuli

4,925,000

Martyn Wade

9,696,000

David Polkinghorne

5,906,000

Andrew Waller

5,248,000

Cathie Lewis

--

Hassen Adams

345,000

Mkhuseli Faku

282,000

Walter Geach

561,000

Grant Gelink

479,000

Zola Malinga

46,000

Raymond Ndlovu

247,000

Nkululeko Sowazi

475,000

Pieter Uys

493,000

Sandile Zungu

266,000
As Of  30 Dec 2016