Edition:
India

Metair Investments Ltd (MTAJ.J)

MTAJ.J on Johannesburg Stock Exchange

2,299.00ZAc
11 Oct 2019
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Summary

Name Age Since Current Position

S. Pretorius

71 2015 Independent Non-Executive Chairman of the Board

C. Theo Loock

54 2006 Chief Executive Officer, Managing Director, Executive Director

Sjoerd Douwenga

39 2014 Chief Financial Officer, Finance Director, Executive Director

Sanet Vermaak

53 2018 Company Secretary

P. P. J. Derby

48 2016 Independent Non-Executive Director

Michael Flemming

62 2019 Independent Non-Executive Director

Billy Mawasha

40 2018 Independent Non-Executive Director

Thandeka Mgoduso

62 2016 Independent Non-Executive Director

Noluvuyo Mkhondo

2019 Independent Non-Executive Director

H. Grathel Motau

44 2016 Independent Non-Executive Director

Manfred Muell

2019 Independent Non-Executive Director

Samuel Sithole

46 2019 Independent Non-Executive Director

Biographies

Name Description

S. Pretorius

Mr. S. G. Pretorius serves as Independent Non-Executive Chairman of the Board of the Company. Mr Pretorius holds an M Com Business Economics from the University of the Free State and served as managing director of Toyota SA Marketing and then as chief executive officer of McCarthy Ltd. He retired as an executive director of McCarthy and its controlling shareholder, Bidvest, on 1 March 2011. He has received numerous national marketing and leadership awards including Marketing Person of the Year and Boss of the Year. He holds honorary professorships at the University of Johannesburg, University of Pretoria and University of the Free State, and honorary doctorates in marketing from the Durban University of Technology and the Central University of Technology. Brand is a Fellow in Leadership at the Gordon Institute of Business Science and serves on the boards of trustees of the READ Educational Trust, Partners for Possibility and the business incubator InvoTech. Mr Pretorius serves as non-executive director on the boards of Tongaat Hulett, Reunert, Agrinet and Italtile Ltd. Mr Pretorius was appointed as an independent non-executive director to the Metair board in January 2014 and as chairman on 1 July 2015. He was appointed to the social and ethics committee with effect from 14 June 2018 and the nomination committee with effect from 27 September 2018.

C. Theo Loock

Mr. C. Theo Loock is Chief Executive Officer, Managing Director, Executive Director of the Company. Mr Loock is a professional industrial engineer with supplementary business and economic studies. He obtained his engineering degree from the University of Pretoria in 1986. His 30 years of mining and manufacturing experience started at Dorbyl Automotive Technologies and SASOL Coal. The listing of two family businesses on the local securities exchange gave him insight into managing and growing publicly owned businesses. His career path as trainee engineer, planning manager, production manager and general manager at Dorbyl Engineering and Sasol Mining prepared him for various executive director roles in Scharrighuisen Mining Limited, Scharrighuisen Industrial Holdings Limited, Dorbyl Limited and Trident Steel (Pty) Limited. Growing and expanding listed businesses on the JSE in the role as CEO built his deal making, mergers and acquisitions expertise and deeper financial experience. He was appointed as the CEO of Metair in May 2006. He serves as the chairman of all local and international Metair subsidiaries

Sjoerd Douwenga

Mr. Sjoerd Douwenga serves as Chief Financial Officer, Finance Director, Executive Director of the Company. Mr Douwenga qualified as a Chartered Accountant in 2003 after completing his articles with PwC, and then spent approximately eight years in PwC’s deals division where he gained extensive experience in acquisitions across various sectors within Africa and Europe. Mr Douwenga first started working with Metair in 2011 during the Rombat acquisition, and was subsequently appointment as business development director at First National Battery during 2013 where he was primarily involved in operational and financial evaluation and execution of new acquisitions, most notably Mutlu Akü in Turkey. He was subsequently appointed as chief financial officer in 2014. Mr Douwenga resigned from the social and ethics committee with effect from 31 December 2018.

Sanet Vermaak

Mrs. Sanet M. Vermaak serves as Company Secretary of the Company. Mrs Vermaak joined the company in August 1998 and was appointed as company secretary in March 2001 and group finance manager in July 2003. From 1 April 2015, she shifted focus from finance and was appointed as group risk and compliance manager. She completed her B Comm Financial Management degree (cum laude) in 2005 on a part time basis and has more than 14 years’ experience in the listed company environment.

P. P. J. Derby

Ms. P. P. J. Derby is Independent Non-Executive Director of the Company. Ms. Derby’s wide range of expertise has been shaped by her experience as an entrepreneur as well as senior strategic positions held in government over a period of 20 years. She served as chief operating officer of Trade and Investment South Africa, chief operating officer in the Department of Trade and Industry, and as the director-general of the Department of Public Enterprises. She is co-founder and was chief executive officer of Ubu Investment Holdings (2010-2016), a company focusing on advisory and project development in infrastructure, investment in advanced manufacturing and strategic advice in the development of key economic infrastructure and strategic sectors in Africa. She serves on the board of Ubu Investment Holdings and its subsidiaries. She is currently an executive at Aurecon and a director at Open Saldanha NPC. Ms Derby was appointed to the Metair board on 1 March 2016 and was appointed chairperson of the social and ethics committee with effect from 20 October 2016.

Michael Flemming

Mr. Michael Flemming is Independent Non-Executive Director of the Company. Mr Flemming holds a B Comm., Bachelor of Law, B Prok., and Advanced Management Programme at Harvard and has extensive experience in executive management positions which includes the role of Financial Executive and General Business Manager of Afrox Healthcare Limited, sitting on the board of listed entities: African Oxygen Limited and Afrox Healthcare Limited, and CEO of Life Healthcare Group Holdings Limited. He is currently a consulting Operating Partner of Advent International LLC and serves as a non-executive director on the board of Medicover AB, a healthcare service company operating in Eastern Europe, the United Kingdom and India.

Billy Mawasha

Mr. Billy Mawasha has been appointed as Independent Non-Executive Director of the company. Mr. Mawasha is the Richards Bay managing director and Rio Tinto Country head for South Africa. He joined Rio Tinto in July 2017. Prior to that, he was the executive head of operations and integration at Kumba Iron Ore (an Anglo American Company). He previously worked for the De Beers Group and AngloGold Ashanti in South Africa and Ghana in leadership, operational and technical roles. Mr Mawasha serves on the board of Foskor and is passionate about education and the development of others. He is a member of the Wits Mining School Industry Advisory Council and the Sol Plaatje University Finance and Investment Committee. He is also on the board of Symphonia for South Africa, a national non-profit organisation promoting quality education for children. In 2017, he was selected as a Young Global Leader of the World Economic Forum.

Thandeka Mgoduso

Ms. Thandeka Nozipho Mgoduso serves as Independent Non-Executive Director of the Company. Ms Mgoduso started her career as a clinical psychologist, during which time she lectured at universities and practiced both in South Africa and abroad. She served as group HR executive at Transnet SOC Ltd and then as chief executive officer of freight dynamics. She later joined Imperial Logistics as group transformation executive. She left Imperial Logistics to serve as managing director of Ayavuna Women’s Investments. After her time at Ayavuna, she spent time in strategic consulting and infrastructural development. She is currently on the boards of Tongaat Hulett Ltd, BIOSS Southern Africa, Ayavuna Trust, Assore Ltd, SAA SOC and Zimplats, where she also chairs the remuneration committee. She is the chairman of Jojose Investments and a commissioner on the Independent Commission for the Remuneration of Public Office Bearers. She is the chairman of the remuneration committee at the Competition Commission. Ms Mgoduso was appointed to the Metair board on 1 March 2016 and serves as chairperson of the remuneration committee. She was appointed to the nomination committee with effect from 27 September 2018.

Noluvuyo Mkhondo

Ms. Noluvuyo Mkhondo serves Independent Non-Executive Director of the Company. Ms Mkhondo is an Investment Director at Value Capital Partners (Pty) Limited (“VCP”). Prior to joining VCP, Ms Mkhondo was a seasoned investment banking and corporate finance professional, having spent time at Goldman Sachs International Plc (“Goldman Sachs”) and Anglo American Plc (“Anglo American”) (both based in the United Kingdom) where she was responsible for mergers and acquisition execution, investment evaluation and strategic long-term financial planning. During her time at Goldman Sachs and Anglo American, Ms Mkhondo executed cross-border transactions in the consumer / retail, healthcare, real estate and metals and mining sectors across the United Kingdom, Africa and the Americas. Ms Mkhondo is a Chartered Accountant (SA) by profession, having begun her career in the Audit and Advisory Financial Institutions Services Team at Deloitte & Touche, in Johannesburg. In addition, Ms Mkhondo has a Masters of Business Administration from the London Business School, where she was a Mo Ibrahim Scholar. Ms Mkhondo currently serves on the board of directors of PPC Limited and Novus Holdings Limited.

H. Grathel Motau

Ms. H. Grathel Motau serves as Independent Non-Executive Director of the Company. Ms Motau is a Chartered Accountant and also holds an MPhil in Development Finance from the University of Stellenbosch. She currently serves as an independent non-executive director on various boards including Afrocentric Investment Corporation Limited and Merafe Resources Limited. She also serves as a non-executive credit committee member of FirstRand Wholesale Credit Committee and an audit committee member of the Auditor General of South Africa. She previously worked as an Audit Partner at KPMG’s Energy and Natural Resources’ Division until March 2015. Furthermore, Ms Motau has held various management and advisory roles at organisations that include Blue IQ Investments, the National Treasury of South Africa and the Industrial Development Corporation. She was appointed to the Metair board on 1 November 2016 and is a member of the audit and risk committee and the investment committee.

Manfred Muell

Mr. Manfred H. Muell is appointed as Independent Non-Executive Director of the Company, effective May 3, 2019. Mr Muell holds a Diplom-Betriebswirt (BA) from Berufsakademie Stuttgart, Germany, equivalent to a Bachelor of Commerce. He has over 30 years of experience in the motor industry and is the co-founder and Chief Executive Officer (“CEO”) of Scientrix Holdings Limited (“Scientrix”). Prior to Scientrix, Mr Muell was the President and CEO of Mercedes-Benz Argentina S.A and held various other executive positions within the Daimler Group in Germany, Turkey, South Africa, Mexico and Argentina. He has multinational and broad cross functional management experience in the fields of Finance and Controlling, Logistics, Procurement, Strategic Planning, Sustainability and Stakeholder Management.

Samuel Sithole

Mr. Samuel Sithole is Independent Non-Executive Director of the Company. Mr Sithole is the CEO and Co-Founder of Value Capital Partners Pty Limited (VCP). Prior to starting VCP, he was at Brait for more than eight years as the financial director of the Brait Group and later as executive director – Capital & Treasury. Prior to Brait, Mr Sithole was a partner at Deloitte, where he spent six years as an audit partner and departed the firm as group leader for the Financial Services Audit Practice in Johannesburg. He currently also holds directorships, among others, in Altron, Adcorp, African Phoenix and Sun International. Mr Sithole was appointed to the Metair board on 1 March 2019 and will be appointed to the remuneration and nominations committees on 2 May 2019.

Basic Compensation