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TIGER BRANDS LIMITED - Appointment of independent non-executive directors and reconstitution of Board committees

Release Date: 17/02/2022 17:06
Code(s): TBS     PDF:  
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TIGER BRANDS LIMITED
(?Tiger Brands? or ?the Company?)
(Incorporated in the Republic of South Africa)
(Registration number 1944/017881/06)
Share code: TBS
ISIN: ZAE000071080


Appointment of independent non-executive directors and reconstitution of Board committees
In compliance with paragraph 3.59 of the JSE Limited Listings
Requirements, shareholders are advised that the Board has appointed
Mr Frank Braeken and Ms Lucia Swartz as independent non-executive
directors of the Company with effect from 1 April 2022 and 1 June 2022, respectively. Mr Frank Braeken
Based in Dubai, Frank is a Belgian national with an extensive career
spanning over 30 years in various sectors. He has deep FMCG and
emerging markets experience, having held various senior and
executive roles at Unilever in Eastern Europe, Latin America, Africa
and Asia. Other previous roles include executive chairman of Feronia
Inc, Chief Investment Officer of Amatheon Agri Holding and a short stint at Procter & Gamble.
Frank is currently a non-executive director of Zambeef Products
(Zambia/UK) and Buhler (Switzerland), as well as non-profit
organisations, including Alliance for Green Revolutionary in
Africa (Kenya) and Marie Stopes International (UK).
He holds a Masters in Business Administration and a Masters in
Law from the Catholic University, Leuven in Belgium.
Frank has also been appointed as a member of the Audit Committee and Risk & Sustainability Committee. Ms Lucia Swartz
As an executive and strategic business partner within
international corporate and start-up operations, Lucia has wide-
ranging experience in Human Resources leadership. She started her
career with Reckitt & Colman before joining BP Southern Africa as
Human Resources Officer. Following this, she spent 8 years at the
Seagram Group of companies as Human Resources Director and later
joined Sappi Limited as Group Head of Human Resources. She is
currently the Vice President, People at AB InBev Africa Zone.
Lucia holds a Bachelor of Arts in Psychology and Geography from the
University of Western Cape, a Human Resources Management Diploma
from Peninsula Technicon and Advanced Management Program from Henley Business School in the UK.
Previously Lucia served as a non-executive director of Clicks
Holdings Limited, Zambian Breweries Plc and SABMiller Namibia (Pty) Ltd.
She is a non-executive director of Mr Price Group and serves on
the boards of subsidiary entities within AB-InBev Africa.
The Board welcomes Mr Braeken and Ms Swartz and looks forward to their contribution. Board committee reconstitution
The Board has resolved to make additional appointments to its
committees with effect from 1 April 2022, as follows.
Audit Committee Risk and Sustainability Committee
CH Fernandez (Chairman) M Sello (Chairman) F Braeken* F Braeken* M Sello CH Fernandez
DG Wilson GJ Fraser-Moleketi GA Klintworth* OM Weber
Social, Ethics and Remuneration Committee Transformation Committee
TE Mashilwane (Chairman) DG Wilson (Chairman)
MO Ajukwu* GJ Fraser-Moleketi GA Klintworth TE Mashilwane* M Sello OM Weber*
Nomination and Governance Investment Committee Committee
GJ Fraser-Moleketi (Chairman) GJ Fraser-Moleketi (Chairman) TE Mashilwane* CH Fernandez* OM Weber* TE Mashilwane DG Wilson OM Weber DG Wilson *New Appointments 17 February 2022 Bryanston
Sponsor: J.P. Morgan Equities South Africa Proprietary Limited Date: 17-02-2022 05:06:00
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