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Peregrine Holdings Ltd (PGRJ.J)

PGRJ.J on Johannesburg Stock Exchange

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Summary

Name Age Since Current Position

Sean Melnick

49 2014 Non-Executive Chairman of the Board

Robert Katz

53 2018 Chief Executive Officer, Executive Director

Claire Coward

34 2018 Chief Financial Officer, Executive Director

Andrew Moller

2019 Executive Director

Leonard Harris

56 2014 Lead Independent Non-Executive Director

Pauline Goetsch

49 2010 Non-Executive Director

Bernard Beaver

75 2005 Non-Executive Independent Director

Stefaan Sithole

60 2013 Non-Executive Independent Director

Steven Stein

60 2007 Non-Executive Independent Director

Biographies

Name Description

Sean Melnick

Mr. Sean Alan Melnick, BCom (Hons) (Wits) CFA, serves as Non-Executive Chairman of the Board of Company. Sean is a founder and currently Non-Executive Chairman of Peregrine Holdings Limited. Since Peregrine launched in 1996, Sean has been primarily responsible for and integrally involved in the Peregrine Group’s expansion strategy. Sean’s career was launched at Liberty Asset Management in 1992 where he headed up the Group’s derivatives desk and was a Senior Portfolio Manager. He then moved to Investec Bank Limited in 1995, where he worked on the derivative trading and structuring desk. In 1996 Sean co-founded Peregrine and within a year he took on the role of Group Chief Executive Officer of the newly formed company, and led the Peregrine Group to its successful listing on the JSE in June 1998. Sean spent a cumulative 11 years in the position of Peregrine Group CEO and a further ten years in either the Chairman or Deputy Chairman roles. Sean is also Chairman of Stenham Limited, Peregrine’s international subsidiary.

Robert Katz

Mr. Robert Eric Katz, MCom (RAU) CA(SA), serves as Chief Executive Officer, Chief Financial Officer, Executive Director of Peregrine Holdings Limited. After completing his Masters in commerce and qualifying as a Chartered Accountant (CA), Rob served his articles at Ernst & Young. As a fully-qualified CA, Rob was appointed as Group Financial Director of Southern Africa’s largest private education provider, Educor Limited. Following this passion, Rob left Educor to move into the financial services sector. He joined Standard Bank and served in a number of senior executive positions including Global Chief Financial Officer for personal and business banking, Managing Director of the wealth division and Managing Director of home loans. In March 2010 Rob was appointed as Chief Financial Officer of Peregrine and, in November 2017, was appointed as the Group Chief Executive Officer. For the period under review, Rob led Peregrine in the dual roles of Chief Executive Officer and Chief Financial Officer.

Claire Coward

Ms. Claire Coward has been appointed as Chief Financial Officer, Executive Director of the Company, effective June 1, 2018. Before joining Peregrine, Claire was at Massmart for four years where she was the Group Corporate Finance Executive, and prior to that had been an Audit and Technical Director and the Sustainability Reporting Director at PKF / Grant Thornton for three years. Claire completed her articles at PWC in Johannesburg.

Andrew Moller

Mr. Andrew Moller is appointed as Executive Director of the Company, effective April 1, 2019. Andrew, who joined Citadel in 1996 has a BComm. LLB and was initially responsible for the estate, succession and tax planning aspects of clients' portfolios, became head of Citadel's wealth management division in 2010 and was appointed Citadel CEO in 2013. He is a member of the Financial Planning Institute and the Association for Savings and Investment South Africa ("ASISA") industry bodies, having recently completed a term as a member of the ASISA Marketing & Distribution Board Committee.

Leonard Harris

Adv. Leonard Neal Harris, SC, BCom LLB (Wits) MBA (Wits), serves as Lead Independent Non-Executive Director of Company. Leonard is the Lead Independent Non-Executive Director of Peregrine Holdings and is currently in practice as a Senior Counsel at the Johannesburg Bar. Although a practicing advocate, Leonard cut his teeth working in the mining sector. From 1988 to 1991 he was employed by Johannesburg Consolidated Investment Company Limited in its platinum division (now incorporated into Anglo American Platinum Corporation Limited) where he was involved in the financial and legal structuring and implementation of international operations. Leonard was appointed to the Peregrine Board in 2001 as a Non-Executive Director and served as the Group’s Non-Executive Chairman from 2009 until 31 March 2014.

Pauline Goetsch

Ms. Pauline Goetsch, BCom BAcc (Wits) CA(SA) Dip Banking Law (RAU) CFA, serves as Non-Executive Director of Peregrine Holdings Limited. since February 28, 2010. After qualifying as a Chartered Accountant, Pauline joined the risk management division of Investec Merchant Bank Limited in 1995, where she was responsible for the evaluation of operations and price risk. She then moved to Peregrine where she served for four years, before being appointed as Group Financial Director, a role she fulfilled from 2001 to February 2010, from which time she has been a Non-Executive Director. Pauline served as a member of the management team responsible for the establishment of ApexHi UK Limited, and as the Investment Advisor to the ApexHi Property Fund Limited, a UK real estate investment trust (REIT) which listed on the Channel Islands Stock Exchange in August 2011. After leaving Peregrine, Pauline served as Managing Director of ApexHi from its establishment until the sale of the company in October 2014. During that time Pauline was involved, as promoter, in the establishment and listing of GoGlobal Properties Limited and served as GoGlobal’s Financial Director from the time of its establishment until April 2014.

Bernard Beaver

Mr. Bernard Clive Beaver, CTA (Wits) CA(SA) Dip Banking Law (RAU), serves as Non-Executive Independent Director of Peregrine Holdings Limited., since January 3, 2005. He has more than 40 years of experience within the financial services sector. After qualifying at Whiteley Bros (a predecessor firm to Deloitte), Clive spent a brief period in industry, the Industrial Development Corporation, and a local merchant bank. In 1980 he became a partner at Deloitte. During his 25-year tenure as a partner he served a wide range of clients including in the financial services sector. During this time he was fully involved in servicing banks (merchant and retail), securities traders, short-term insurers and unit trusts. He chaired the South African Institute of Chartered Accountants’ (SAICA’s) Stockbrokers Interest Group for several years, was a member of SAICA’s Short Term Insurance Interest Group and SAICA’s Banking Interest Group. He has also undertaken special investigations on behalf of the South African Reserve Bank and the JSE. Clive retired as a Senior Partner of Deloitte’s Financial Services Team on 31 December 2004. He remains a member of SAICA and the Institute of Directors. Clive is a member of Peregrine’s Group Audit Committee and is the Chairman of the Group Remuneration Committee.

Stefaan Sithole

Mr. Stefaan Sithole, BCom (Wits), BAcc (Wits), CA (SA), Diploma in Business Management (University of Natal), CIA, is an Non-Executive Independent Director of Peregrine Holdings Limited., effective October 2013. He started his career as an Internal Auditor, working for three years with Anglo American Corporation before joining SAB Beer Division in an executive financial position. Stefaan then served as a Financial Manager at the Rosslyn Brewery from 1992 to 1994. In 1995, he became a Partner in a multi-national auditing firm, which was renamed Fisher Hoffman Sithole. In 2001 he became a Partner at Sithole Incorporated and, since 2002, he has been the Managing Partner of both Sithole Incorporated and Sithole SS Group. Stefaan continues to serve, as both chairman and member, of numerous private and public sector audit committees as well as a trustee to various entities. In November 2006 he became trustee of Peregrine’s three empowerment trusts and was later appointed to the board of Nala and Peregrine SA Holdings, positions from which he resigned when he was appointed as a Non-Executive Director of Peregrine Holdings in October 2013. Stefaan is a member of the Audit Committee and is the Chairman of Peregrine’s Social and Ethics Committee.

Steven Stein

Mr. Steven Ivan Stein, B Compt (Hons), CA (SA), H Dip Tax Law, serves as Non-Executive Independent Director of Peregrine Holdings Ltd. Steven has broad investment banking, private equity and corporate governance experience and holds a variety of leadership and advisory roles on the boards of public and private companies. His experience includes 15 years as a Senior Partner in a firm of South African Chartered Accountants. In March 2002 Steven co-founded SwissIndependent Trustees, an Offshore Trust Company operating in Switzerland, Malta and Panama. He maintains his role as CEO of SwissIndependent Trustees and has an active role with numerous global clients; he also interfaces with global regulators and tax administrations. Steven fulfils the role of Chairman of the Group’s Audit Committee and Risk & Compliance Committee.

Basic Compensation

Name Fiscal Year Total

Sean Melnick

1,656,000

Robert Katz

13,970,000

Claire Coward

--

Andrew Moller

--

Leonard Harris

357,000

Pauline Goetsch

192,000

Bernard Beaver

608,000

Stefaan Sithole

443,000

Steven Stein

801,000
As Of  31 Mar 2018