Pick n Pay Stores Limited (PIK.JO)

2,027.00 +17.00 (+0.85%) At close: 05:00PM SAST

Pick n Pay Stores Limited

Pick n Pay Office Park
101 Rosmead Avenue Kenilworth
Cape Town 7708
South Africa
27 21 658 1000
https://www.pnp.co.za

Sector(s): Consumer Cyclical
Industry: Department Stores
Full-time employees: 90,000

Key executives

Name	Title	Pay	Exercised	Year born
Ms. Lerena Olivier C.A.	CFO & Executive Director	9.86M	N/A	1976
Mr. Sean R. Summers	CEO & Executive Director	9.85M	N/A	1955
Mr. Raymond David Ackerman B.Com	Founder & Advisor	65k	N/A	1931
Andrew Mills	Group Executive of Marketing	N/A	N/A	N/A
Thembi Mbengashe-Mazibuko	Chief People Officer	N/A	N/A	N/A
Mr. David North	Chief Strategy Officer	N/A	N/A	N/A
Mr. Marek Masojada	Managing Director of Boxer	N/A	N/A	N/A
Mr. Vaughan Pierce B.A., L.L.B., L.L.M.	Company Secretary	N/A	N/A	N/A
Iain Bromage	Group Executive of Commercial	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in ZAc.

Description

Pick n Pay Stores Limited, together with its subsidiaries, engages in the retail of food, grocery, clothing, liquor, and general merchandise products in South Africa and Rest of Africa. It owns and franchises hypermarkets, supermarkets, clothing stores, liquor stores, superstores, build stores, punch stores, and express stores under the Pick n Pay and Boxer brands. The company also offers its products through an online shopping platform www.pnp.co.za. Pick n Pay Stores Limited was founded in 1967 and is based in Cape Town, South Africa.

Corporate governance

Pick n Pay Stores Limited’s ISS governance QualityScore as of 1 May 2024 is 8. The pillar scores are Audit: 4; Board: 9; Shareholder rights: 2; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.