WELCOME TO OUR ONLINE ANNUAL REPORT 2011

Executive Committee

Composition Scheduled meetings
FURTHER READING
Responsibility
Grant Pattison (CEO) Monthly MASSMART
  • Deliberates and takes decisions or makes recommendations on all matters affecting Group strategy and operations, including risk management, and executive and senior management succession.
Guy Hayward (CFO)   AT A GLANCE
Jay Currie (Retail Director Masscash)   Biographical

details of each Executive Committee member can be found here.

Don Frieson (Massmart Chief Integration Officer  
and Senior Vice-President, Walmart U.S.)  
Brian Leroni (Group Corporate Affairs Executive)  
Pearl Maphoshe (Group Human Capital Executive)  
Joe Owens (New Formats Chief Executive)  
Jan Potgieter (Massdiscounters Chief Executive)  
Mike Spivey (Massmart General Counsel & Chief Compliance Officer)    
Llewellyn Steeneveldt    
(Group Commercial Executive)    
Kevin Vyvyan-Day      
(Masswarehouse Chief Executive)      
Llewellyn Walters (Massbuild Chief Executive)      
Robin Wright (Masscash Chief Executive)      

The Massmart Executive Committee is the most senior executive decision-making body in the Group. The Committee is chaired by the Chief Executive Officer (Grant Pattison) and comprises the Chief Financial Officer (Guy Hayward), Group Human Capital Executive (Pearl Maphoshe), Retail Director Masscash (Jay Currie), Group Corporate Affairs Executive (Brian Leroni), the four Divisional Chief Executives (Jan Potgieter, Kevin Vyvyan-Day, Llewellyn Walters and Robin Wright), the Chief Executive of the New Formats Division (Joe Owens) and the Group Commercial Executive (Llewellyn Steeneveldt). Following the Walmart transaction, the Committee was bolstered by a General Counsel (Mike Spivey) and an Integration Executive (Don Frieson).

The Committee deliberates, takes decisions or makes recommendations on all matters of strategy and operations. Within the parameters described by the Board-approved Governance Authorities, the decisions or recommendations are sometimes referred to the Board or its relevant Committee for final approval, while in other cases the power to take decisions is delegated to Divisional Boards or Executive Committees.

The Executive Committee has specific responsibility, inter alia, for:

  • Monitoring and measuring the structures, trends and performance of markets and competition;
  • Strategic planning;
  • Defining, configuring, financing and structuring the Groupís portfolio of assets;
  • Shaping and approving the competitive strategies, operating plans and budgets of the Divisions and functional departments;
  • Measuring, monitoring and taking proactive corrective action on Divisional performance;
  • Ensuring adequate risk management, controls, governance, and compliance throughout the Group; and
  • Shaping and approving succession plans and senior executive management appointments.