Edition:
India

Trencor Ltd (TREJ.J)

TREJ.J on Johannesburg Stock Exchange

2,625.00ZAc
18 Dec 2018
Change (% chg)

-48.00 (-1.80%)
Prev Close
2,673.00
Open
2,672.00
Day's High
2,672.00
Day's Low
2,600.00
Volume
82,379
Avg. Vol
173,135
52-wk High
5,116.00
52-wk Low
2,300.00

Summary

Name Age Since Current Position

David Nurek

68 2016 Independent Non-Executive Chairman of the Board

Hendrik van Der Merwe

70 2017 Chief Executive Officer, Executive Director

Ricardo Sieni

63 2016 Finance Director, Executive Director

Per Norval

Company Secretary

Roderick Sparks

58 2017 Non-Executive Lead Independent Director

Edwin Oblowitz

60 2004 Independent Non-Executive Director

Herman Wessels

72 2011 Independent Non-Executive Director

Biographies

Name Description

David Nurek

Mr. David Morris Nurek is Independent Non-Executive Chairman of the Board of the Company since 7 June 2016. He is an executive of Investec Bank Limited. He was appointed as an alternate director of Trencor on 30 November 1992 and as a full director on 24 July 1995. On 5 August 2016 he was appointed as chairman of the board. Prior to joining Investec in June 2000, he practised as an attorney at law with Sonnenberg Hoffmann Galombik for 32 years. He is chairman of the nomination committee and a member of the social and ethics, risk, remuneration and governance committees and serves on the boards of a number of listed and unlisted companies in a non-executive capacity. He is a non-executive director of Textainer Group Holdings Limited.

Hendrik van Der Merwe

Mr. Hendrik Roux (Hennie) van Der Merwe is Chief Executive Officer, Executive Director of Trencor Limited. He serves on the social and ethics committee and the risk committee. He joined Trencor on 1 July 1997 and was appointed to the board on 20 May 1998 and as managing director on 4 April 2003. In April 2011 his role changed to that of a part-time executive director and member of the executive committee, until his said appointment as chief executive officer. He initially practised as an attorney at law followed by various senior executive positions in the banking and industrial sectors, both locally and internationally. He serves on the boards of various listed and unlisted companies in a non-executive capacity. He is a non-executive director of Textainer Group Holdings Limited.

Ricardo Sieni

Mr. Ricardo Antonio (Ric) Sieni CA (SA) is Finance Director, Executive Director of the Company since 1 March 2016. He serves on the social and ethics committee and the risk committee. He completed his articles at Deloitte before joining Trencor on 1 October 1982 where he served as group accountant and later as financial manager.

Per Norval

Roderick Sparks

Mr. Roderick John Alwyn Sparks is Non-Executive Lead Independent Director of Trencor Ltd. He is the lead independent director and is a member of the audit, risk and nomination committees and chairman of the governance, social and ethics, and remuneration committees. He was previously managing director of Old Mutual South Africa and Old Mutual Life Assurance Company (SA) and chairperson of Old Mutual Unit Trust, Old Mutual Specialised Finance and Old Mutual Asset Managers (SA). He is a director of various listed and unlisted companies in a non-executive capacity and chairs the advisory board of the UCT College of Accounting.

Edwin Oblowitz

Mr. Edwin Oblowitz is Independent Non-Executive Director of Trencor Ltd. He was appointed as a non-executive director on 3 March 2004 and is chairman of the audit and risk committees. He was previously an international partner of Andersens in South Africa and now serves as the Executive Chairman of the Stonehage Fleming Group’s operations in South Africa. He is a director of various listed and unlisted companies in a non-executive capacity and serves as a trustee of various trusts.

Herman Wessels

Mr. Herman Wessels is Independent Non-Executive Director of Trencor Ltd., since 1 April 2011. He serves on the audit, risk, nomination, remuneration, social and ethics and governance committees. He is a financial consultant having previously been a partner of PricewaterhouseCoopers in South Africa. He is a director of various listed and unlisted companies in a non-executive capacity.

Basic Compensation

Name Fiscal Year Total

David Nurek

2,506,000

Hendrik van Der Merwe

2,791,000

Ricardo Sieni

3,133,000

Per Norval

--

Roderick Sparks

466,000

Edwin Oblowitz

499,000

Herman Wessels

468,000
As Of  31 Dec 2017