Edition:
India

Massmart Holdings Ltd (MSMJ.J)

MSMJ.J on Johannesburg Stock Exchange

2,277.00ZAc
3 Jul 2020
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Summary

Name Age Since Current Position

Kuseni Dlamini

52 2014 Independent Non-Executive Chairman of the Board

Mitchell Slape

52 2019 Chief Executive Officer, Executive Director

Mohammed Abdool-Samad

49 2019 Chief Financial Officer, Executive Director

Doug Jones

47 2015 Chief Executive - Massmart Wholesale

Llewellyn Walters

56 2015 Chief Executive - Massmart Retail

Richard Inskip

58 2019 Group Chief Information Executive

Louise Lackay-Walters

36 Group Chief Ethics and Compliance Officer

Natasha Pramchand

47 2017 Interim Group General Counsel

Jane Bruyns

59 2015 Group Human Capital Executive

Varsha Dayaram

42 Group Financial Services Executive

Brian Leroni

55 2007 Group Corporate Affairs Executive

Nicole Morgan

2020 Interim Company Secretary

Phumzile Langeni

45 2019 Lead Independent Non-Executive Director

Susan Muigai

50 2017 Non Independent Non-Executive Director

Charles Redfield

53 2020 Non Independent Non-Executive Director

John Suarez

55 2019 Non Independent Non-Executive Director

Nolulamo Gwagwa

60 2006 Independent Non-Executive Director

Olufunke Ighodaro

56 2018 Independent Non-Executive Director

Lindiwe Mthimunye-Bakoro

46 2019 Independent Non-Executive Director

Biographies

Name Description

Kuseni Dlamini

Mr. Kuseni Douglas Dlamini serves as Independent Non-Executive Chairman of the Board of the Company. He is the Chairman of JSE-listed Aspen Pharmacare Holdings Ltd, the leading pharmaceutical manufacturer in the southern hemisphere with operations in over 50 countries. He is the former Chief Executive Officer of Old Mutual South Africa and Emerging Markets. Prior to this he was the Head of Anglo American South Africa and a member of the Executive Committee of Anglo American plc. in London and was Director of Anglo Platinum Ltd. He is also the former Executive Chairman of Richards Bay Coal Terminal Company (RBCT) Ltd and a former Chairman of Anglo Operations (Pty) Ltd. As part of his career in mining he held a number of senior positions at Anglo Gold Ashanti and De Beers Consolidated Mines Ltd in South Africa and the United Kingdom. Kuseni is a graduate of the Universities of KwaZulu-Natal, Durban, and Oxford where he was a Rhodes Scholar. In March 2008, he was named a ‘Young Global Leader (YGL)’ by the World Economic Forum and, during the same month, Miningx selected him as one of the top 100 most influential people in South African mining. In June 2008, the Mail & Guardian named him as one of the top 200 young people worth taking to lunch and in the same year and month, The Economist referred to him as “A Rare Commodity’. In 2010, the World Economic Forum appointed him a member of the Global Agenda Council on Economic Growth and Poverty Alleviation. In 2011, he was appointed co-Chairman of the annual World Economic Forum (WEF) Africa Summit which brings together Heads of States, leading politicians and business leaders to debate the state of Africa in a changing world on an annual basis. Kuseni is active in professional bodies and charities which include the South African Institute of International Affairs (SAIIA), Common Purpose and the Advisory Board of GIBS Business School. He is also a member of the Council of the University of Pretoria and former Chairman of the Board of South African National Parks (SANPar

Mitchell Slape

Mohammed Abdool-Samad

Mr. Mohammed Hoosen Abdool-Samad serves as Chief Financial Officer, Executive Director of the Company. Mohammed joins Massmart from Illovo Sugar Limited (“Illovo”) where he was Group Finance Director. Prior to joining Illovo in 2011, Mohammed spent a decade in various executive finance roles within Anglo American plc. Mohammed is a qualified chartered accountant of South Africa (CA (SA)) and holds a Bachelor of Commerce degree from the University of Kwa-Zulu Natal.

Doug Jones

Mr. Doug Jones serves as Chief Executive - Massmart Wholesale of the Company. He qualifying as a Chartered Accountant in 1998 Doug moved to Toronto, Canada with Deloitte. After spending a year with MarketLink Enterprises, an eCommerce consultancy, he joined Coca-Cola Enterprises in Toronto for a number of years before returning to South Africa to join ABI (The Soft Drink Division of SAB Limited). Doug joined Makro as Finance Director in 2007 and became Commercial Director in 2010. Doug was appointed Divisional Managing Director in September 2012, and joined the Massmart Executive Committee at the same time. He was appointed as Divisional CEO in April 2014, and was Chairman of the Massmart Pension and Provident Funds from 2009 until 2015.

Llewellyn Walters

Mr. Llewellyn Walters serves as Chief Executive - Massmart Retail of the Company. He spent thirteen years in the banking industry where he held senior positions in a number of specialist financial institutions before joining ABSA. In June 2003, Llewellyn joined Super Group, a JSE-listed supply chain and logistics company where his last position was Divisional MD responsible for the group’s African operations. He joined Massmart in November 2008 as Divisional Chief Executive for Builders Warehouse, later becoming responsible for the whole division, and was appointed to the Massmart Executive Committee upon joining.

Richard Inskip

Mr. Richard Inskip serves as Group Chief Information Executive of the Company. He graduating Richard worked for a number of companies during the 1980’s, including Edgars and SPL. Richard joined Woolworths in 1991. He was appointed to the board in 1998 and retired as the Director Operations and Financial Services (Group COO) in 2008 having served on the Holding company and multiple subsidiary boards. Richard served as the Chairman of the Wooltru Healthcare fund for 6 years as well as a trustee of the Pension fund. During this period he was a founding member of the Executive Committee of the Consumer Goods Council of SA and served on the external boards of Netactive and Business Recovery Services and attended a Strategic Management course at Harvard. After retiring from Woolworths, Richard spent some time developing and operating a game and hospitality ranch. He then co-founded Cafeine Retail Consulting which serves most of the large South African retail companies, as well as co-founding a food manufacturing company, Food by Staple. Richard served as a retail advisor to 8 Miles plc (pan African private equity fund) and served on the AVI board until he joined Massmart in January 2017.

Louise Lackay-Walters

Natasha Pramchand

Ms. Natasha Pramchand serves as Interim Group General Counsel of the Company. Joined Massmart in June 2017. Admitted advocate of the High Court of SA since 1996. Over 20 years extensive commercial, corporate, legal, compliance and risk management experience

Jane Bruyns

Ms. Jane Bruyns serves as Group Human Capital Executive of the Company. Prior to joining Massmart, Jane worked for Masscash as HR Director from February 2006 until April 2015. Jane has 22 years’ experience as an HR Generalist in the Wholesale and Retail industry ranging from Recruitment, Learning & Development, Union Negotiations, Performance & Development Management, Corporate Social Responsibility and Ethics. Jane’s specialities include Coaching and Leadership Development and Organisational Ethics. Whilst at Henley Jane was awarded the prize for outstanding academic achievement for leadership effectiveness and the prize for outstanding academic achievement for managing people. Jane joined the Massmart Executive Committee in May 2015.

Varsha Dayaram

Brian Leroni

Mr. Brian Leroni serves as Group Corporate Affairs Executive of the Company. Brian’s work experience includes executive positions at Masstores Proprietary Limited, an associate partner at Andersen Consulting (now Accenture) and Marketing Director at CNA. He joined Massmart as Group Projects Executive in September 2004 and was appointed Group Corporate Affairs Executive in September 2005. Brian joined the Massmart Executive Committee in July 2007.

Nicole Morgan

Ms. Nicole Morgan serves as Interim Company Secretary of the Company. Ms. Nicole Morgan is an admitted attorney of the High Court with approximately 8 years of corporate law and company secretarial experience, having served in various capacities in listed corporates including, as Group Assistant Company Secretary at Massmart since May 2017. Ms. Morgan is a law graduate of the University of Limpopo and holds an LLB Degree and a PGD in Pension Funds Law from the University of Witwatersrand.

Phumzile Langeni

Ms. Phumzile Langeni serves as Lead Independent Non-Executive Director of the Company. She is the Executive Chairman of Afropulse Group Proprietary Limited, a women-led investment, investor relations and corporate advisory house. She is a stock broker by training and was previously the economic adviser to the Minister of Minerals and Energy. Phumzile is the non-executive chairman of Astrapak Limited, a non-executive director of Imperial Holdings Limited, the Mineworkers Investment Company Proprietary Limited, Primedia Proprietary Limited, Transaction Capital Proprietary Limited, Metrofile Holdings Limited and other unlisted companies.

Susan Muigai

Ms. Susan Muigai serves as Non Independent Non-Executive Director of the Company. Ms Muigai is currently the Executive Vice President, Human Resources at Walmart Canada, where she has previously held various senior roles during the last number of years. She has also held leadership roles in Risk Management and Internal Audit, along with completing global assignments while serving as senior vice president, general counsel and chief ethics officer in Walmart India, and vice president, International Real Estate in the U.S.

Charles Redfield

Mr. Charles Redfield serves as Non Independent Non-Executive Director of the Company. Mr Redfield is currently the Executive Vice President, Food, for Walmart U.S., where he is responsible for the overall strategy, assortment, private brands and sourcing for all of the Walmart U.S. food categories. Mr Redfield is a seasoned retailer and has held various positions of responsibility within the Walmart business, as well as with other global retailers. Mr Redfield has a Bachelor of Science Degree in Business Administration from the University of Arkansas. He is on the board of the global Walmart Foundation, as well as the boards of Arkansas Children’s Hospital Northwest, the Razorback Foundation at the University of Arkansas, and Bentonville based Arvest Bank.

John Suarez

Mr. John Peter Suarez serves as Non Independent Non-Executive Director of the Company. He is the Senior Vice President of Realty Design, Construction, and Strategy for Walmart US. JP is responsible for leading Walmart’s development activities for US stores including Supercenters, Neighborhood Markets and test formats along with designing new prototypes. Prior to his current role, JP was responsible for Business Development in Walmart’s International Division and looked after merger and acquisition activities and international real estate, and global format development efforts. Prior to that, JP was Senior Vice President and General Counsel for Walmart International. He joined the company in 2004 as Vice President and General Counsel for Sam’s Club. JP also serves as a board member on the University Of Pennsylvania Law School Board Of Overseers. His previous experience includes serving as the United States’ EPA Assistant Administrator for Enforcement and Compliance, acting as a federal and state prosecutor, and working as Chief Enforcement Officer over New Jersey’s gaming industry.

Nolulamo Gwagwa

Dr. Nolulamo Nobambiswano Gwagwa Ph.D. serves as Independent Non-Executive Director of the Company. She is Chief Executive Officer of Lereko Investment Proprietary Limited. She was Deputy Director General in the National Department of Public Works, responsible for establishing the national public works programme, and completed a five-year term as the CEO of the Independent Development Trust. She has served on various Government commissions, and is currently a non-executive director of FirstRand Limited, Aurecon and Sun International Limited.

Olufunke Ighodaro

Ms. Olufunke Ighodaro serves as Independent Non-Executive Director of the Company. Ms. Ighodaro’s accomplishments as a seasoned corporate executive have seen her play a vital and strategic role in a number of corporates, where she served and continues to serve in various governance structures. She currently serves as independent non-executive director and audit committee member of Datatec Limited, independent non-executive director of the Institute of Chartered Accountants in England and Wales Members’ Advisory Board for Africa, independent non-executive director and chairperson of the audit committee at Transaction Capital Limited and interim executive director and Chief Financial Officer of Emerging Markets Telecommunications Services Limited, (formerly Etisalat Nigeria, now trading as 9mobile). Previously, Ms. Ighodaro held various senior executive roles, including as Chief Financial Officer of Tiger Brands Limited until 2016, Chief Financial Officer of Primedia Limited until 2011 and executive director of Kagiso Trust Investments and managing director of its private equity business until 2001. Ms. Ighodaro holds the degree B.Sc (Hons) from Salford University and is a Fellow of the Institute of Chartered Accountants in England and Wales.

Lindiwe Mthimunye-Bakoro

Ms. Lindiwe E. Mthimunye-Bakoro serves as Independent Non-Executive Director of the Company. Ms. Mthimunye brings to the Board a wealth of: accounting, operational management, investment banking, FMCG, retail and commercial real estate experience. She has previously held a variety of senior and executive leadership roles, including Group Chief Financial Officer of Petro SA and is currently the Managing Director of Petroleum Investments Partners. Ms. Mthimunye is also a seasoned and experienced non-executive director, having held board roles in listed and non-listed entities in a number of sectors including in: retail, FMCG, construction, automotive and financial services. She currently serves on the boards and committees of large corporates, including Pioneer Foods Limited, Torre Industries Limited, Metrofile Limited and Sabvest Limited. Ms. Mthimunye is a qualified chartered accountant of South Africa, CA (SA) and holds the following qualifications: B.Com (UCT); PG. Diploma in Accounting (UCT); PG. Diploma in Tax Law (Wits); and M.Com (UCT).