Edition:
India

Kap Industrial Holdings Ltd (KAPJ.J)

KAPJ.J on Johannesburg Stock Exchange

308.00ZAc
27 Feb 2020
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Summary

Name Age Since Current Position

Jacob de Vos du Toit

65 2012 Independent Non-Executive Chairman of the Board

Gary Chaplin

49 2014 Chief Executive Officer, Executive Director

Karel Grove

70 2017 Non-Executive Deputy Chairman of the Board

Frans Olivier

40 2016 Chief Financial Officer, Executive Director

Kenneth Hopkins

2019 Independent Non-Executive Director

Vivien McMenamin

56 2019 Independent Non-Executive Director

Ipeleng Mkhari

45 2004 Independent Non-Executive Director

Stephanus Muller

58 2012 Independent Non-Executive Director

Sandile Nomvete

47 2004 Independent Non-Executive Director

Patrick Quarmby

65 2012 Independent Non-Executive Director

Gavin Van der Merwe

2019 IR Contact Officer

Biographies

Name Description

Jacob de Vos du Toit

Mr. Jacob de Vos du Toit serves as Independent Non-Executive Chairman of the Board of the Company. Jaap was appointed as senior general manager of the Trust Building Society in 1984, financial director at SMK Securities Proprietary Limited in 1988, and as their portfolio director in 1990. He was a founder member of PSG Group Limited in 1996 and acted as a director until mid-2016. He acted as chairman of PSG Konsult from its formation in 1998 until 2013, and is still a director of that board. In August 2012, Jaap was appointed as the lead independent non-executive director for PSG Group Limited (until mid-2016). Jaap has served, and currently serves, as chairman of various national committees and boards. He was appointed as chairman of KAP Industrial Holdings Limited in 2012 and in 2013 as chairman of the nomination committee.

Gary Chaplin

Mr. Gary Noel Chaplin, CA(SA) is Chief Executive Officer, Executive Director of the Company. Mr. Gary qualified as a chartered accountant in 1995 after completing his articles with Deloitte. In 1996, he joined a private company in the timber industry which was later acquired by Steinhoff Africa Holdings Proprietary Limited (‘Steinhoff’). Gary held various positions and fulfilled numerous roles in Steinhoff’s South African timber and furniture manufacturing operations. He joined PG Bison Proprietary Limited (‘PG Bison’) where he was appointed to the board in August 2006 and as chief executive officer in November 2011. In June 2012, KAP Industrial Holdings Limited acquired PG Bison, whereupon Gary was appointed to the KAP executive committee. He later assumed full responsibility for KAP’s diversified industrial segment. In November 2014, Gary became chief executive officer of KAP. He serves as a member of the social and ethics committee and the investment committee.

Karel Grove

Mr. Karel Johan Grove, AMP (Oxford) serves as Non-Executive Deputy Chairman of the Board of the Board of the Company. Jo has more than 20 years’ experience in the financial and banking industry. In 1976, he founded Medical Leasing Services – a company providing specialised financial services to medical doctors. In 1987, the business was sold to the Absa Group, the name was changed to MLS Bank, and Jo was appointed chief executive officer – a position he held until 1995. Jo established Imperial Bank and served on the main board of Imperial Holdings until he joined Unitrans Limited as chief executive officer in September 1998. Following the approval and implementation of Steinhoff’s acquisition of the majority shareholding in Unitrans Limited, he was appointed as a non-executive director of Steinhoff International Holdings Limited. Subsequently, he became a non-executive alternative director on the Steinhoff International Holdings Limited board from December 2007 until he resigned from this position in December 2015. In 2012, Jo was appointed as chief executive officer of KAP Industrial Holdings Limited. He stepped down from this position and was appointed executive chairman in November 2014. Since January 2017, he has been fulfilling the role of non-executive deputy chairman. He serves as a member of the investment committee and human resources and remuneration committee.

Frans Olivier

Mr. Frans Hendrik Olivier serves as Chief Financial Officer, Executive Director of the Company. Frans qualified as a chartered accountant in 2004 and performed his articles at KPMG Inc. in Johannesburg. After completing his articles, Frans joined Riso Africa Proprietary Limited for a short while during 2005 as financial manager, following which he joined Steinhoff Africa Holdings Proprietary Limited in 2006 as a financial manager. In 2009, Frans joined PG Bison as group financial manager and was appointed as chief financial officer of PG Bison in 2010. KAP Industrial Holdings Limited acquired PG Bison in 2012. Frans was promoted to the role of chief financial officer for the diversified industrial segment of KAP in 2015. He was later appointed as chief financial officer of KAP Industrial Holdings Limited on 15 April 2016.

Kenneth Hopkins

Mr. Kenneth Hopkins serves as Independent Non-Executive Director of the Company. He is a retired auditor and full-time professional director who chairs the board of Ewandle Properties Proprietary Limited and serves in a non-executive capacity on the boards of Real People Investment Holdings Limited, Infiniti Holdings Limited and 27Four Holdings Limited where he also chairs the audit & risk committee and is a member of the social & ethics and remuneration committees of some of these companies. Ken obtained his B Com (Hons), from the University of Cape Town and became a CA(SA) in 1978. He was a partner at Deloitte & Touche and KPMG for over 30 years, where he specialised in auditing and advising financial institutions. Ken is technically up to date with IFRS, the Companies Act, King IV and taxation. Ken’s knowledge, skills and expertise will bring new insights and fresh perspectives to the deliberations of the Board. The board welcomes Ken and is looking forward to his contributions to the future growth and development of KAP.

Vivien McMenamin

Ms. Vivien McMenamin serves as Independent Non-Executive Director of the Company. She is the Chief Executive Officer of Mondi South Africa, where she earlier held a number of executive positions over a fifteen-year period and is a member of the Mondi Plc executive committee. Viv has several years of experience in the industrial and forestry sectors, with exposure to the plastics sector globally. In her early career Viv served as the Secretary General of NUSAS. She was a member of various not-for-profit boards and the deputy chair of the South African Association for Marine Biological Research for the protection of the East Indian Ocean for more than a decade. In 2012, she was elected as South Africa's Most Influential Woman in Business and Government in the Environment, Waste, Forestry and Paper category. In mid-2000, Viv served on the President’s Economic Advisory Panel and on the Anglo American Plc Transformation Committee. In 1992, she received the Helen Suzman Award for Leadership. Viv obtained a B.SocSci Honours (Economics) degree from the University of Cape Town and a MSc Economics degree and a Banking and Finance diploma, both from the University of London. She completed the Advanced High-Performance Leadership executive programme at the International Institute for Management Development in Switzerland.

Ipeleng Mkhari

Mrs. Ipeleng Nonkululeko Mkhari serves as Independent Non-Executive Director of the Company. Ipeleng holds a Bachelor of Social Science degree from the University of Natal. She completed the Executive Development Programme at the University of the Witwatersrand in 2004 and is also an Archbishop Tutu Fellow. Ipeleng founded Motseng Investment Holdings Limited of which she is currently the chief executive officer. Ipeleng co-founded Delta Property Fund – a company that listed on the Johannesburg Stock Exchange in 2012. She also serves as a non-executive director on the boards of South African Property Owners Association, Nampak and Attacq, and is a trustee of the Women’s Property Network Education Trust. Ipeleng was appointed as an independent non-executive director of KAP Industrial Holdings Limited in 2004. She chairs the social and ethics committee and serves as a member of the human resources and remuneration committee and the nomination committee.

Stephanus Muller

Mr. Stephanus Hilgard Muller serves as Independent Non-Executive Director of the Company. Steve qualified as a chartered accountant and worked at KPMG from 1983 to 1992. In 1992, he was appointed as senior credit manager at Rand Merchant Bank and, in 1995, joined Genbel Investments. Over the next 13 years, Steve functioned in various capacities within the group, including chief operating officer: Equities of Genbel Securities Limited, as well as executive director of Gensec Bank Limited. He furthermore served as a non-executive director and member of the audit and remuneration committees of various investee companies within the Genbel Securities Group. In 2008, he left the group to pursue his own interests. Steve served as an independent non-executive director and chairman of the audit committee of SACOIL from 2013 to 2016. In January 2018, he was appointed as an independent non-executive director of the Phumelela Gaming and Leisure Limited board and as chairman of the company’s audit committee. In August 2017, Steve became an independent non-executive director of Pepkor Holdings Limited, serving as chairman of the human resources and remuneration committee and as a member of the audit committee. In 2012, Steve was appointed as an independent non-executive director of KAP Industrial Holdings Limited and, in 2014, as chairman of the KAP human resources and remuneration committee. He currently also serves on the audit and risk committee, the social and ethics committee and the investment committee.

Sandile Nomvete

Mr. Sandile Hopeson Nomvete, EDP (Wits), Prop Dev Prog (UCT) is an Independent Non-Executive Director of KAP International Holdings Limited. Sandile co-founded Delta Property Fund in 2002, which would go on to list on the Johannesburg Stock Exchange in 2012. He has since led the company to be a predominately sovereign underpinned fund. Through his leadership, Sandile has managed to position Delta as one of the most prominent blackowned and black-managed property funds for government and state-owned enterprises across South Africa. Sandile serves as a director on a number of other listed entities and has more than a decade’s experience in executive and non-executive positions. He is a graduate of the Property Development Programme of the University of Cape Town Graduate School of Business. He also holds an Executive Development Programme and Finance for Non-financial Managers diploma from the University of the Witwatersrand’s Graduate School of Business. Sandile was appointed as an independent non-executive director of KAP Industrial Holdings Limited in 2004 where he serves as a member of the audit and risk committee.

Patrick Quarmby

Mr. Patrick Keith Quarmby, CA(SA) (Hons) is an Independent Non-Executive Director of KAP International Holdings Limited. Patrick was a partner at Ernst & Young until he relocated overseas in 1987. During his time abroad, he was employed in the Corporate Finance Department of Schroders in London. Patrick became one of the founding directors of Standard Bank in London and established Standard Bank’s presence in Hong Kong. On his return to South Africa in 1996, Patrick was appointed as director of Dimension Data Holdings Limited, responsible for the global expansion of the group. He retired from this position in 2014. Patrick acted as non-executive chairman of Datacraft Asia, an IT services company listed in Singapore, until it delisted in 2008, as well as independent non-executive director of Unitrans Limited until the Steinhoff acquisition in 2007. He was appointed as an independent nonexecutive director of KAP Industrial Holdings Limited in 2012 and serves as the chairman of the audit and risk committee. He is also a member of the nomination committee and the investment committee.

Gavin Van der Merwe

Basic Compensation

Name Fiscal Year Total

Jacob de Vos du Toit

1,060,220

Gary Chaplin

10,400,000

Karel Grove

983,455

Frans Olivier

6,350,000

Kenneth Hopkins

--

Vivien McMenamin

--

Ipeleng Mkhari

700,040

Stephanus Muller

1,086,970

Sandile Nomvete

660,307

Patrick Quarmby

1,255,200

Gavin Van der Merwe

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As Of  30 Jun 2019