Edition:
India

Bid Corporation Ltd (BIDJ.J)

BIDJ.J on Johannesburg Stock Exchange

27,811.00ZAc
10 Jul 2020
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Summary

Name Age Since Current Position

Stephen Koseff

68 2018 Non-Executive Chairman of the Board

Bernard Berson

54 2016 Chief Executive Officer, Director

David Cleasby

57 Chief Financial Officer, Director

Ashley Biggs

Company Secretary

Nigel Payne

59 2019 Lead Non-Executive Independent Director

Brian Joffe

72 2018 Non-Executive Director

Tasneem Abdool-Samad

45 2019 Non-Executive Independent Director

Paul Baloyi

64 2016 Independent Non-Executive Director

Dolly Mokgatle

63 2016 Independent Non-Executive Director

Clifford Rosenberg

2019 Non-Executive Independent Director

Helen Wiseman

53 2016 Independent Non-Executive Director

Biographies

Name Description

Stephen Koseff

Mr. Stephen Koseff is Non-Executive Chairman of the Board of the Company. He is the former chief executive officer of the Investec Group. Dual listed on the London Stock Exchange and the Johannesburg Stock Exchange. Stephen was with Investec for 39 years in various capacities and CEO from 1996 to 2018. In 2017, Stephen was awarded an Honorary Doctor of Commerce Degree by the University of the Witwatersrand. He is a former non-executive director the South African Banking Association, a former board member of Business Leadership South Africa, former non-executive director and chairman of the South African Banking Association, a former director of the JSE Limited, a former member of the Financial Markets Advisory Board, and former chairman of the Independent Bankers Association. Stephen is chairman of Bud Group Proprietary Limited and IEP Group Proprietary Limited and co-chair of Youth Employment Service (YES).

Bernard Berson

Mr. Bernard Larry Berson was Director of the Company. He has been involved in all aspects of the development of Bidcorp’s foodservice business in Australia, New Zealand and Asia. In 2010 assumed responsibility for Bidcorp’s global foodservice businesses, including operations in the UK, Europe and Emerging Markets. Over the past 20 years, Bernard has been involved in all material acquisitions and directing the strategic focus of the businesses.

David Cleasby

Mr. David Edward Cleasby is a Chief Financial Officer, Director of the Company. David 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’s financial director on July 9 2007. David managed Bidvest’s interests in the investments made by Bidvest over the years. David was appointed as chief financial officer of Bidcorp Limited on April 14 2016.

Ashley Biggs

Nigel Payne

Mr. Nigel George Payne serves as Lead Non-Executive Independent Director of the Company. Nigel is a professional non-executive director, with significant listed company experience, including being the chairman of the Mr Price Group Limited and Vukile Property Fund Limited. He is a director and chairman of the audit and risk committees of Alexander Forbes Group Holdings Limited. Nigel is a former member of the King Committee on corporate governance and a former member of the international governing body of the Institute of Internal Auditors. Nigel has no executive responsibilities.

Brian Joffe

Mr. Brian Joffe is Non-Executive Director of the Company. Mr. Brian has over 50 years commercial experience, both locally and internationally. Amongst his achievements, Brian has been recognised by Sunday Times as SA’s businessman of the year, won the SA chapter of the Ernst & Young Entrepreneur Award and represented SA at the World Entrepreneur Awards. Profi led as one of South Africa’s Greatest Entrepreneurs by MME Media in association with Gordon Institute of Business Science Brian has been named by Wits Business School Journal as one of SA’s top 25 business leaders with significant impact on SA business. Brian is the recipient of an Honorary Doctorate in Commerce from the University of South Africa, an Honorary Doctorate in Commerce from the University of Witwatersrand and awarded the Sunday Times Lifetime Achiever Award. He has been included in the Forbes list of the 20 most influential people in Africa and awarded the CNBC All Africa Life time Achievers Award. Brian currently serves as CEO of Long4Life Limited, a company he founded and listed on the JSE in 2017 and serves as a non-executive director of Bidcorp.

Tasneem Abdool-Samad

Mrs. Tasneem Abdool-Samad serves as Non-Executive Independent Director of the Company. She is an auditor by profession, is a non-executive director of Reunert Limited, Absa Group Limited and Long4Life Limited. Tasneem serves on the audit and risk committee of these boards, as well as fulfils roles on the remuneration, investment and actuarial committees for certain of these respective boards.

Paul Baloyi

Mr. Paul Cambo Baloyi serves as Independent Non-Executive Director of the Company. Paul is the managing director of CAP Leverage Proprietary Limited. From June 11 2006 until April 2012, he was the chief executive officer and managing director of the Development Bank of Southern Africa. Paul also served as chief executive offi cer and managing director of DBSA Development Fund. Prior to this, Paul had spent 30 years in the fi nancial 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 Limited, ENX Group Limited, Peermont Group Proprietary Limited and CAP Leverage Proprietary Limited. Paul also serves on various board committees (audit, risk, remuneration and nomination, and Investment committee) as member or chairman.

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) and a HDip Tax Law (Wits). Co-founder and executive director of Peotona Group Holdings. Chairperson of Total SA. Non-executive director of IQ Business, Lafarge Industries SA, Lafarge Mining Industries SA. Founding Chairperson of Palesa Ya Sechaba Foundation NPC, member of Unisa Council, and trustee of Pearson Marang Education Trust. Dolly was a member of the Deputy President’s Advisory Panel on Eskom in 2015.

Clifford Rosenberg

Mr. Clifford Rosenberg serves as Non-Executive Independent Director of the Company. He is a highly experienced leader and strategist with a deep passion for technology and social media. With a Bachelor of Business Science (hons) and Master of Science in Management, Clifford has global experience from his initial role as a management consultant with Cap Gemini in South Africa to the MD of LinkedIn for Australia, New Zealand and South East Asia.

Helen Wiseman

Ms. Helen Wiseman serves as Independent Non-Executive Director of the Company. She is non-executive director, Helen has extensive international business experience across a range of sectors including food, pharmaceutical, manufacturing, distribution, mining, energy and financial services. Prior to embarking on her non-executive career, Helen was a partner at KPMG Australia. Helen chaired Bidvest’s International foodservice business divisional audit committees from 2011 to 2016. Helen has held various board and audit committee roles, including her current Bidcorp non-executive director role and audit and risk committee chairman for Bidcorp. Helen is currently a director of Soho Flordis International, the Australian Consumer Association (Choice) and Imalia. She is also Patron of SHINE for Kids (Australia).

Basic Compensation

Name Fiscal Year Total

Stephen Koseff

2,970,000

Bernard Berson

51,192,000

David Cleasby

20,358,000

Ashley Biggs

--

Nigel Payne

954,000

Brian Joffe

4,712,000

Tasneem Abdool-Samad

--

Paul Baloyi

696,000

Dolly Mokgatle

430,000

Clifford Rosenberg

--

Helen Wiseman

1,885,000
As Of  30 Jun 2019