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Pick N Pay Stores Ltd (PIKJ.J)

PIKJ.J on Johannesburg Stock Exchange

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Summary

Name Age Since Current Position

Gareth Ackerman

59 2013 Non-Executive Chairman of the Board

Richard Brasher

55 2013 Chief Executive Officer, Executive Director

Richard Van Rensburg

56 2011 Deputy Chief Executive Officer, Executive Director

Aboubakar Jakoet

61 2011 Chief Financial Officer, Executive Director

Jonathan Ackerman

50 2010 Executive Director

Suzanne Ackerman-Berman

54 2010 Executive Director

Debra Muller

55 2010 Company Secretary

Hugh Herman

76 2009 Lead Independent Non-Executive Director

David Robins

63 2008 Non-Executive Director

David Friedland

64 2017 Independent Non-Executive Director

Alex Mathole

44 2016 Independent Non-Executive Director

Audrey Mothupi

46 2013 Independent Non-Executive Director

Lorato Phalatse

55 2010 Independent Non-Executive Director

Jeffrey van Rooyen

66 2007 Independent Non-Executive Director

Biographies

Name Description

Gareth Ackerman

Mr. Gareth Mark Ackerman is the Non-Executive Chairman of the Board of Pick N Pay Stores Ltd. Gareth headed up various divisions of the Group before being appointed to the Board in 1990. He became a non-executive director in 1999, and from 2002 to 2010 served as Chairman of Pick n Pay Holdings Limited RF. In 2010 he was appointed Chairman of Pick n Pay Stores Limited. Among his other interests, Gareth is co-chair of the Consumer Goods Council of South Africa, and serves as vice co-chair of the international Consumer Goods Forum.

Richard Brasher

Mr. Richard W. P. Brasher is the Chief Executive Officer, Executive Director of Pick N Pay Stores Ltd. He joined Pick n Pay as Chief Executive Officer in 2013 and is leading a plan to restore the business to sustainable long-term growth. He has an outstanding track record spanning over 25 years in international retail. He has developed and led one of the world’s most iconic brand loyalty programmes, created one of the first global commercial sourcing operations, built an enduring and much imitated private label strategy, and was instrumental in leading a traditional food retail business into the online and convenience markets.

Richard Van Rensburg

Mr. Richard S. J. Van Rensburg is the Deputy Chief Executive Officer, Executive Director of Pick N Pay Stores Limited. He has extensive experience in retail and information technology, with Woolworths, Massmart and Affinity Logic. In 2009 he joined the Board of Pick n Pay as an independent non-executive director. In 2011, Richard became deputy CEO. In this role, Richard takes responsibility for the e-commerce portfolio of the Group.

Aboubakar Jakoet

Mr. Aboubakar Jakoet is the Chief Financial Officer, Executive Director of Pick N Pay Stores Ltd. He joined the Group in 1984, working in the national finance office, heading up special projects and new business. He was appointed divisional manager in 1993 and served on the retail board as chief finance controller since its inception in 1995. He was appointed as CFO and a member of the Board in 2011. In addition to his responsibilities at Pick n Pay, Bakar is a member of the University of Cape Town Council, Chairman of the UCT Remuneration Committee and Deputy Chairman of the UCT Finance Committee. He is a director of the Sports Science Institute of South Africa.

Jonathan Ackerman

Mr. Jonathan Ackerman is an Executive Director of Pick N Pay Stores Ltd. He joined Pick n Pay in 1992. Having worked in many divisions, Jonathan ensures that the wellbeing of Pick n Pay’s customers is the primary motivating factor for any strategic decision taken in the Group in his current role as Customer Director. In March 2010 he was appointed to the Board as a representative of the controlling shareholder.

Suzanne Ackerman-Berman

Ms. Suzanne Dale Ackerman-Berman is an Executive Director of Pick N Pay Stores Limited. She was appointed director of transformation in 2007. In addition to her executive contribution to the Group, in March 2010 she was appointed to the Board as a representative of the controlling shareholder. Suzanne is very active philanthropically and is a passionate proponent of enterprise development. She is chairman of the Ackerman Pick n Pay Enterprise Development Fund, and head of the Pick n Pay Small Business Incubator.

Debra Muller

Ms. Debra Muller is a Company Secretary of Pick N Pay Stores Ltd. Debra was appointed as an attorney in 1988. From 1994 she assisted Pick n Pay as a legal consultant and was appointed in 2006 as in-house legal adviser, working with contractual and compliance issues. Appointed as Company Secretary to the Pick n Pay Group in 2010, Debra also heads up the legal department.

Hugh Herman

Mr. Hugh Sidney Herman is the Lead Independent Non-Executive Director of Pick N Pay Stores Ltd. He was a partner at law firm Sonnenberg Hoffmann Galombik before joining Pick n Pay in 1976. He was Managing Director of Pick n Pay from 1986, before joining Investec Bank in 1993. Hugh was appointed Group Chairman of Investec Bank Limited in 1994, a position from which he retired in 2011. Hugh was appointed honorary life president of the Investec Group and remains chairman of various subsidiary companies in the Investec Group.

David Robins

Mr. David Robins is the Non-Executive Director of Pick N Pay Stores Ltd. He joined the Group in 1994 and was appointed in 2005 as the executive responsible for expansion outside of South African borders. In 2002 he was appointed as Deputy Chairman of the Group and as an executive director. During 2008 he retired from his executive position. He remains on the Board as a non-executive director and as a representative of the controlling shareholder.

David Friedland

Mr. David Friedland is an Independent Non-Executive Director of the Company since 13 December 2013. He was the audit engagement partner and lead/relationship partner at KPMG for several listed companies, as well as large owner-managed companies, principally in the retail sector. David has been associated with Pick n Pay as an external auditor since 1977, and was the audit engagement partner from 2000 to 2007.

Alex Mathole

Ms. Alex M. Mathole is an Independent Non-Executive Director of Pick N Pay Stores Ltd. She was admitted as an attorney in 1997 and practised commercial, corporate law and litigation for two years before joining Gray Security (subsequently Securicor) in 1999 where she worked in the employment law field for five years. In 2004 she joined Omega Risk Solutions as an executive director and subsequently moved to Siemens in 2006 as Group Company Secretary and legal counsel. In 2007 Alex was appointed head of legal for Siemens South East Africa. In 2008 she was appointed to the Board of Siemens Limited. In October 2011 she became General Counsel for Africa. Alex is currently the Siemens executive director for sustainability and corporate affairs in Africa, as well as the Chair of their social and ethics committee.

Audrey Mothupi

Ms. Audrey Mothupi is an Independent Non-Executive Director of the Company. She held various positions as a management consultant before being appointed as head of strategy at SABC for two years for the public broadcasting service. Audrey then joined Liberty Life, within the Standard Bank Group, where she held the position of Chief Executive: Group Strategic Services, before moving to Standard Bank. At Standard Bank, Audrey was head of inclusive banking, taking responsibility for the provision of banking services to the unbanked communities. Audrey has recently joined Systemic Logic Group, an advisory/innovation company, as the Chief Executive Officer. She is also a Fellow of the African Leadership Initiative as part of the Aspen Leadership Network.

Lorato Phalatse

Ms. Lorato W.C. Phalatse is an Independent Non-Executive Director of Pick N Pay Stores Ltd. She began her working career in the FMCG sector at Unilever and at Johnson & Johnson. After moving to Nedperm in the retail banking sector, she was seconded to the Women’s Development Bank. One of the founders, and the first CEO of Nozala Investments Proprietary Limited, she sat on the boards of companies such as Tsebo/ Fedics, Kyocera and Afripack. Lorato has also spent time in the public sector with both provincial and national government, ultimately heading up the Private Office of the President of South Africa. Lorato is Chairman of The Bidvest Group and is on the board of Masisizane.

Jeffrey van Rooyen

Mr. Jeffrey van Rooyen is an Independent Non-Executive Director of Pick N Pay Stores Limited. He is a chartered accountant with extensive experience in both the private and public sectors, Jeff is the founder CEO of Uranus Investment Holdings (Pty) Limited. His involvement in the accounting profession over the years is extensive. Former appointments include being a Trustee of the IFRS Foundation, Chairman of the Public Accountants and Auditors Board (now IRBA) and founder President of the Association for the Advancement of Black Accountants. His public sector record is equally extensive; former appointments include Chairman of the Financial Reporting Standards Council, Executive Officer of the Financial Services Board and member of the Standing Advisory Committee on Company Law. Jeff presently serves as a member of the Advisory Committee, Faculty of Economics and Management Sciences, University of Pretoria.

Basic Compensation

Name Fiscal Year Total

Gareth Ackerman

3,913,000

Richard Brasher

10,031,800

Richard Van Rensburg

4,707,000

Aboubakar Jakoet

4,805,500

Jonathan Ackerman

2,968,600

Suzanne Ackerman-Berman

3,011,000

Debra Muller

--

Hugh Herman

918,500

David Robins

364,000

David Friedland

676,000

Alex Mathole

125,000

Audrey Mothupi

716,500

Lorato Phalatse

634,000

Jeffrey van Rooyen

949,500
As Of  25 Feb 2017