DIRECTORS

Executive directors

Leon Lourens (51)

Chief executive officer

Expertise

BCom (Marketing)

 

Leon was appointed as the chief executive officer of Steinhoff Africa Retail (STAR) on 6 December 2017. He completed a Higher National Diploma in Human Resources in 1987 before attaining a BCom degree in Marketing (UNISA) in 1994. He joined PEP in 1990. In 2000 he joined the supermarket group Panda in the Middle East as head of operations before returning to PEP in 2002. He was appointed as operations director in 2004 and became managing director of PEPSA in 2011. In 2016, Leon was appointed as Group MD: Pepkor Africa and he became chief operating officer of STAR at its listing on 20 September 2017. He has more than 27 years’ experience in retail with most of it stemming from store operations in the discount sector of the market.

Riaan Gustav Hanekom (47)

Chief financial officer

Expertise

BAcc, BCom Hons (Acc) CA(SA)

 

Riaan was appointed as the group chief financial officer for STAR on 18 August 2017. He completed his articles with Ernst & Young Inc. in 1995 whereafter he spent six years with Shoprite as a financial manager. He joined Woolworths in 2001 and was the Woolworths Retail Operations Group head of finance and admin when he joined the Pepkor group in 2006 as commercial director of Shoe City. He became the commercial director of Ackermans in 2008 and financial director of Ackermans in 2009. He was appointed as the group financial director of Pepkor Holdings in February 2016. Riaan also serves as a director on a number of subsidiaries in the STAR group.

Non-executive directors

Louis du Preez (48)

Non-executive director

Expertise

BCom, LLB

 

Louis was appointed to the STAR board as a non-executive director on 24 January 2018. He qualified as an attorney of the High Court of South Africa in 1997 after completing his articles. Louis joined Jan S de Villiers and was appointed a partner of the firm in 1998. With the merger of Werksmans Attorneys in 2009, he became a member of the national executive committee of the combined firm and served as such until early 2017. While practising as an attorney, he advised clients on a variety of corporate and commercial matters. Louis was appointed to the board of KAP Industrial Holdings Limited on 1 October 2017 as a non-executive director. He joined the Steinhoff group as general counsel in mid-2017 and was appointed as Steinhoff’s commercial director on 19 December 2017.

Daniël Maree van der Merwe (59)

Non-executive director

Expertise

BCom, LLB

 

Danie was appointed as a non-executive director of the STAR on 1 July 2017. He was admitted as an attorney of the High Court of South Africa in 1986 and practised as an attorney specialising in the commercial and labour law fields. In 1990, Danie joined the Roadway Transport Group and was instrumental in developing the strategic direction and growth of this group. In early 1998, following the merger of Roadway Transport Group with Steinhoff Africa, he joined the Steinhoff group and, in 1999, was appointed as a director of Steinhoff International Holdings Limited. He previously acted as chief executive officer for Steinhoff’s Southern Hemisphere operations and was appointed as group chief operating officer in 2013. Danie holds several other appointments within the Steinhoff group of companies and currently serves as a non-executive director of KAP Industrial Holdings Limited.

Committees

Member of the nomination committee

Member of the human resources and remuneration committee

Jacob Daniel Wiese (37)

Non-executive director

Expertise

BA (Stellenbosch), MA, International Economics & Management (Universita Commerciale Luigi Bocconi, Italy), LLB (UCT)

 

Jacob was appointed as a non-executive director of STAR on 18 August 2017. After completing his LLB at UCT in 2008 and his pupillage at the Cape Bar, Jacob was admitted as an advocate of the High Court of South Africa in 2009. He joined the investment committee of the Titan Group in 2010. Jacob is an independent non-executive director of Fairvest PropertyHoldings Limited and serves on the boards of various publicly listed companies and is also an alternate and/or nonexecutive director of Shoprite Holdings, Invicta Holdings, Texton Property Fund and Tradehold. Jacob is also extensively involved in the management of Lourensford Wine Estate.

Independent non-executive directors

Jayendra Naidoo (56)

Independent non-executive chairperson

Expertise

B.Proc

 

Jayendra was appointed as the independent non-executive chairperson of STAR on 18 August 2017. As a full-time trade unionist in his youth, he played a significant role in the negotiation of the National Peace Accord in 1991, as well as in the establishment of a network of peace committees throughout South Africa. In 1995 he became the first executive director of NEDLAC, serving until 1998. In 2000, he co-founded the J&J Group and is the founder of the Lancaster Group. Jayendra has served on several committees and boards, including the board of Pepkor Holdings Proprietary Limited. In 1997, Jayendra was nominated by the World Economic Forum as a Global Leader of Tomorrow.

Committees

Member of the human resources and remuneration committee
Chairman of the nomination committee

Johann Bernard Cilliers (58)

Lead independent non-executive director

Expertise

BAcc (Cum laude), BAcc Hons, CA(SA)

 

Johann was appointed to the STAR board as an independent non-executive director and as a member of STAR’s audit and risk committee on 18 August 2017. He was subsequently appointed to the nomination committee on 10 January 2018. Johann completed his articles at PwC in 1988, following which he was appointed as financial director of Hicor Limited. In 1990 he joined Langeberg Foods Limited as group financial manager, serving on the board of that company from 1991 to 1998 as financial director. In 1998, Johann joined the Pepkor group as operations director of PepSA and as an executive director. In 2004 he was appointed as an executive director of Pepkor Retail Limited and, until 2011, served on the group executive committee of Pepkor Retail Limited in various capacities. In 2011 he relinquished his executive role within the Pepkor group and was appointed as a non-executive director of Pepkor Holdings Proprietary Limited, which non-executive position he held until the acquisition of the Pepkor group by Steinhoff in 2015. Johann currently manages various private investments.

Committees

Member of the audit and risk committee
Member of the nomination committee

Steve Hilgard Müller (55)

Independent non-executive director

Expertise

BAcc (Hons), CA(SA), Sanlam EDP

 

Steve was appointed to the STAR board as an independent non-executive director on 18 August 2017. Steve worked at KPMG until 1992, after which he worked as a senior manager at Rand Merchant Bank Limited until 1994. In 1995 he joined Genbel Investments Limited inter alia as an executive director of Gensec Bank Limited, heading the Investment Banking division from 1999 to 2004. Over the following 13 years he held various positions within that group. He has been appointed as a non-executive director on the boards of several companies. Steve was appointed as an independent non-executive director of KAP Industrial Holdings Limited in 2012. He has chaired or served on the audit and risk committees and the human resources and remuneration committees of several companies over the last 22 years.

Committees

Chairman of the remuneration committee

Member of the audit and risk committee

Fagmeedah Petersen-Cook (42)

Independent non-executive director

Expertise

BBusSc (act.sc.), FIA, FASSA, PGDip (MgtPrac), IoDSA (Cert.Dir.), FPI

 

Fagmeedah is an actuary with twenty-one years of technical experience in the pensions and investments industry. Until 2015 she was the chief investment officer at the Eskom Pension and Provident Fund, where she was responsible for the investment of R120 billion. Fagmeedah was first appointed by former finance minister, Trevor Manuel, to the board of the Government Employees Pension Fund (GEPF), to bring her expertise to the oversight of the investment activity of the PIC. In 2012 she was appointed as member of the clean-up board of Telkom, where she chaired the investment committee while she was the acting CIO of Eskom Pension Fund. She is also an independent director of ABSA Financial Services and Medical Specialist Holdings, as well as chairman of the Bankmed audit committee, among others. As an actuary, she brings enterprise risk management skills and multi-generational planning techniques to the boardroom. Fagmeedah, an avid cricket enthusiast, is the lead independent director of the Western Province Cricket Association.

Committees

Member of the audit and risk committee

Heather Joan Sonn (45)

Independent non-executive director

Expertise

BA (Political Science), MSc (International Business)

 

Heather was appointed to the STAR board as an independent non-executive director on 18 August 2017. On completion of her studies in 1997, Heather joined Merrill Lynch New York as an investment banking analyst. She returned to South Africa in 1999 and took up a position with Sanlam Investment Management in Cape Town. Heather has served as chief executive for Legae Securities, deputy chief executive for WIP Capital, chief executive for The Citizens Movement, is a former director of Strate and was instrumental in building the basis for Barclays’ global integrated bank initiative while at Barclays Bank plc. She currently serves on the boards of Gamiro Investment Group and Prescient Limited, and as an alternate director for Macsteel Service Centres SA Limited. She is also a fellow and moderator of the Aspen Institute’s Global Leadership Network. Heather was appointed as a supervisory board director of Steinhoff International Holdings N.V. in November 2015, having previously served as an independent non-executive director of Steinhoff International Holdings Limited since December 2013.

Committees

Representative on the social and ethics committee

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