Santie botha biography of william

Midrand, Famous Brands Limited, practised leading company in the race services sector incorporated in magnanimity Republic of South Africa, has officially announced significant changes improve its board structure, including loftiness appointment of a new leader and alterations in board commission compositions.

The announcements were sense ahead of the company’s every year general meeting (AGM) scheduled constitute July 2024.

Shareholders were reminded of the prior notice go Santie Botha, the current Head of the company, will pull out and step down from high-mindedness board at the upcoming AGM. Botha, who has been marvellous member of the board thanks to June 2012 and served importation chairman since October 2013, choice pass the baton to Chris Boulle.

Boulle, who has antediluvian an independent non-executive director in that 2014, will assume the r“le of Chairman of the society effective from the July 2024 AGM.

In preparation for that transition, Chris Boulle will abdication his position as chairman method the Audit and Risk Cabinet and the Remuneration Committee on the contrary will continue as a partaker of the latter.

Additionally, Alex Maditse has been appointed orang-utan lead independent director, a lines he will also step pierce following the AGM. Maditse, who joined the board as deal with independent non-executive director in 2019, has chaired the Social put forward Ethics Committee since October 2021.

The company also announced birth retirement of Norman Adami, who has contributed nine years shop service as an independent non-executive director, at the same upcoming AGM.

Following these changes, illustriousness board committees will be reconstituted as follows: Busi Mathe inclination chair the Audit and Hazard Committee, with Thabo Mosololi reprove Fagmeedah Petersen-Cook as members.

Honourableness Remuneration Committee will be chaired by Fagmeedah Petersen-Cook, with Chris Boulle and William Mzimba delivery as members. Alex Maditse longing chair the Social and Manners Committee, joined by Nik Halamandaris, Busi Mathe, William Mzimba, arm Darren Hele. Chris Boulle prerogative lead the Nomination Committee, own support from Alex Maditse enthralled Busi Mathe.

Lastly, the Reflect Committee will be chaired dampen Fagmeedah Petersen-Cook, including William Mzimba, Chris Boulle, and Thabo Mosololi.

Santie Botha, on behalf take the board, expressed confidence weight Boulle’s appointment, highlighting his dominance qualities and industry experience type valuable assets for Famous Brands’ future growth.

Botha assured stakeholders that the board has planted thorough processes to maintain heavy adherence to corporate governance standard, including a board succession method to enhance board independence.

Representation company anticipates a seamless mutation of leadership roles and maintains a positive outlook on class continued collaboration between the ingoing Chairman-elect, the board, and Famed Brands Group CEO, Darren Hele.

The Standard Bank of Southerly Africa Limited is listed type the sponsor for these announcements.