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Richard Van Rensburg: Deputy CEO of Pick n Pay
Pick n Pay Stores Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1968/008034/06)
Share Code: PIK ISIN code: ZAE000005443
RICHARD VAN RENSBURG: DEPUTY CEO OF PICK N PAY
Richard van Rensburg was appointed to the executive position of Deputy CEO for a three
year period, effective from 1 October 2011, in order that the Company could benefit
from his experience in the implementation of strategy. In this function, the IT, supply
chain and property functions reported directly to him. Following the resignation of Nick
Badminton as CEO, Richard assisted acting CEO, Gareth Ackerman, in the day-to-day
administration of the Company whilst a search was conducted for our new CEO.
Following a smooth handover from Gareth and Richard to our new CEO, Richard Brasher,
we are pleased to announce that Richard van Rensburg will continue as deputy CEO. In
addition to IT, supply chain and property, Richard’s remit will focus on critical areas that
are important to increasing efficiencies and finding further opportunities for growth.
Said Gareth Ackerman and Richard Brasher, “We would like to thank Richard for his
contribution over the last year, his hard work, dedication and determination to be part of
the transformation of PnP.”
By order of the board
Cape Town
27 February 2013
Sponsor:
Investec Bank Limited
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