Our leadership

Board of directors

Pick n Pay Stores Limited

 

Executive directors

Gareth Ackerman #Δ‡ (54) – Appointed 1990 

 

BSocSci, CMS
Chairman and acting Chief Executive Officer
Corporate governance committee and nominations committee
Chairman
Years of service:
28

Gareth was an executive director at Pick n Pay for 15 years before becoming a non-executive in 1999. While an executive he headed up many different divisions of the Company. In 1993, he was appointed joint Managing Director and in 1995 Managing Director of the then Group Enterprises division. He was appointed to the Board in 1990 and from 2002 to 2010 served as Chairman of Pick n Pay Holdings Limited. In 2010 he was appointed Chairman of Pick n Pay Stores Limited. He assumed the role of Executive Chairman and acting CEO on the resignation of Nick Badminton effective 29 February 2012.

Other listed company directorships: Pick n Pay Holdings Limited.

Nick Badminton (50) – Appointed 2007 – Resigned 2012 

 

Outgoing Chief Executive Officer
Resigned:
29 February 2012
Years of service: 33

Nick Badminton joined the Western Cape region of Pick n Pay in 1979, and after working his way up the ranks was appointed General Manager (GM) of the region in 1994. While GM of the Western Cape he was appointed to the Retail Division management board and became its Managing Director in May 2001. In March 2007 Nick was appointed CEO of the Group and a member of the Board. Nick resigned on 29 February 2012.

Richard van Rensburg (50) – Appointed 2009 

 

CA(SA)
Deputy Chief Executive Officer
Years of service:
3

Richard has extensive experience in retail and information technology. His experience includes being a partner at Ernst & Young, CFO of Massmart Holdings Limited, managing director of Masstores (Proprietary) Limited, a director of Woolworths and Wooltru and founder and CEO of Affinity Logic Holdings (Proprietary) Limited. He was appointed to the Board as an independent non-executive director in 2009 and became deputy CEO in October 2011.

Aboubakar (Bakar) Jakoet (56) – Appointed 29 April 2011 

 

CA(SA)
Chief Finance Officer
Years of service:
27

Bakar joined the Group in 1984 after qualifying as a Chartered Accountant. He commenced his career in the national finance office, heading up special projects and new business. He was appointed a divisional director in 1993 and served on the Retail board as Chief Finance Controller since its inception in 1995. He was appointed as CFO and a member of the Board on 29 April 2011, on the retirement of Dennis Cope.

Dennis Cope (60) – Appointed 1997 – Retired 2011 

 

CA(SA)
Outgoing Chief Finance Officer
Retired:
29 April 2011
Years of service: 33

Dennis joined the Pick n Pay Butcheries division as the accountant, and was later promoted to the position of Finance Director. In 1986 Dennis joined the national finance office and was appointed Finance Director of the then Group Enterprises division in 1995. In 1997 he was appointed CFO and a member of the Board. Dennis retired on 29 April 2011.

Suzanne Ackerman-Berman ‡ ^ (49) – Appointed 2010 

 

BA, Fellow: Aspen Business Institute; First Movers
Social and ethics committee Chairperson
Years of service:
17

Suzanne joined Pick n Pay in 1995. She worked in various positions in the business and in 2001 was promoted to General Manager, Corporate Affairs and Social Responsibility. In 2007 she was appointed as Director of Transformation on the Group Executive. In March 2010 she was appointed to the Board.

Other listed company directorships: Alternate director of Pick n Pay Holdings Limited.

Jonathan Ackerman (45) – Appointed 2010 

 

BA Marketing
Years of service: 20

Jonathan joined Pick n Pay in 1992 as a Trainee Manager in the Western Cape Region. He was later transferred to Johannesburg where he gained more management experience, culminating in his appointment as General Manager of 7-Eleven Africa. In 2001 he was appointed as Head of Marketing and in March 2010 was appointed a member of the Board. He is currently the Customer Director on the Group Executive.

Other listed company directorships: Alternate director of Pick n Pay Holdings Limited.

 

Non-executive director

Dave Robins (58) – Appointed 2002 

 

BBusSci

Dave joined the Group in 1994 and was appointed to the then Group Enterprises board in 2005 as the executive responsible for expansion outside South African borders. In 2002 he was appointed as Deputy Chairman of the Group and also as an executive director of the Company. During 2008 he retired from his executive position but remains on the Board as a non-executive.

Other listed company directorships: Alternate director of Pick n Pay Holdings Limited.

 

Independent non-executive directors

Hugh Herman*# (71) – Appointed 1976 

 

Admitted Attorney, LLD (hc)
Lead non-executive director
Remuneration committee Chairman

Hugh was a partner at Sonnenberg Hoffman Galombik before joining Pick n Pay in 1976. He was Managing Director for many years before leaving in 1993 to join Investec Bank where in 1996, he was appointed Group Chairman. He retired as Chairman of Investec in 2011.

Other listed company directorships: Growthpoint Properties Limited, Pick n Pay Holdings Limited.

Lorato Phalatse‡^□ (50) – Appointed 2010 

 

BA (Hons) MA

Lorato has worked in a number of private sector capacities and also spent time in provincial as well as national government, ultimately heading up the Private Office of the President of South Africa. She is a founding member and executive director of Nozala Investments (Proprietary) Limited, a broad-based women’s investment company.

Alex Mathole*□ (39) – Appointed 2010 

 

Admitted Attorney

Alex was admitted as an attorney in 1997 and practised commercial, corporate law and litigation for two years before joining Gray Security (subsequently Securicor) in 1999 where she worked in the employment law field for five years. In 2004 she joined Omega Risk Solutions as an executive director and subsequently moved to Siemens in 2006 as Group Company Secretary and legal counsel. In 2007 Alex was appointed head of legal for Siemens South East Africa. In 2008 she was appointed to the Board of Siemens Limited. In October 2011 she became General Counsel for Africa. Alex is currently the Siemens executive director for sustainability and corporate affairs in Africa, as well as the Chair of their social and ethics committee.

Ben van der Ross*#‡ (65) – Appointed 2000 

 

Admitted Attorney

Ben was admitted to the Cape Bar as an attorney and conveyancer in 1970. He practised law for his own account until 1988. He is a former director of the Urban Foundation and Independent Development Trust and former CEO of South African Rail Commuter Corporation Limited and Business South Africa. He was a commissioner of the Independent Electoral Commission for the first democratic election in 2004.

Other listed company directorships: Distell Group Limited, FirstRand Limited, Lewis Group Limited, MMI Holdings Limited, Naspers Limited.

Jeff van Rooyen*Δ□(62) – Appointed 2007 

 

CA(SA)
Audit committee Chairman
Corporate finance committee Chairman

Jeff qualified as a Chartered Accountant in 1981. He founded his own auditing practice in 1984 which merged with Deloitte & Touche in 1990. He was a partner at Deloitte until June 2000 whereafter he was appointed CEO of the Financial Services Board serving until 2005. He is a founding member and president of the Association for the Advancement of Black Accountants and former chair of the Public Accountants and Auditors Board. He is the founder and CEO of Uranus Investment Holdings (Proprietary) Limited. He is also a trustee of the International Financial Reporting Standards Foundation and the Chairman of the Financial Reporting Standards Council.

Other listed company directorships: MTN Group Limited, Exxaro Resources Limited.

 

Company Secretary

Debra Muller ^ Δ (50) – Appointed 2010 

 

Admitted Attorney
Years of service: 6

 

* Member of audit committee  
# Member of remuneration committee
Δ  Member of corporate governance committee  
‡  Member of nominations committee
^ Member of social and ethics committee
Member of corporate finance committee