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BUSINESS MODEL

AND STRATEGIC

OBJECTIVES

LEADERSHIP

GOVERNANCE

SHAREHOLDERS’

INFORMATION AND

ADMINISTRATION

OPERATING

PERFORMANCE

FINANCIAL

PERFORMANCE

BLUE LABEL INTEGRATED ANNUAL REPORT 2014

21

BOARD OF

DIRECTORS

CONTINUED

1. LAURENCE (LARRY) NESTADT

Independent Non-Executive Chairman

Born: 1950

Larry has over 40 years’ experience in his long and

successful corporate career, both in South Africa and

internationally. Larry is a co-founder and former

executive director of Investec Bank Limited. He

assisted in the creation and strategic development of

a number of listed companies such as Capital Alliance

Holdings Limited, Super Group Limited, Hosken

Consolidated Investments Limited, SIB Holdings

Limited and Global Capital Limited. He is the past

chairman on each of the boards of these companies.

Larry has also served on the board of directors of

Softline Limited, JCI Limited and Abacus Technologies

Holdings Limited. He was a former director of a

number of non-listed companies, internationally and

locally, viz, Stenham Limited (UK) and Prefsure Life

Limited (Aus). Currently, Larry holds various

directorships and is executive chairman of Global

Capital Proprietary Limited, and chairman of Melrose

Motor Investments, Moregolf Proprietary Limited,

SellDirect Marketing Proprietary Limited and National

Airways Corporation Proprietary Limited.

Larry joined the Board on its establishment in 2007.

As a respected senior member of the South African

business community, his strategic vision, guidance

and experience contribute significantly to the Board

and its deliberations.

Board committee participation

Remuneration and Nomination Committee:

Chairman of Nomination Committee and member of

Remuneration Committee

2. BRETT LEVY

Joint Chief Executive Officer

Born: 1975

Brett has an impressive entrepreneurial history having

founded and operated many small businesses in the

early 1990s. He has been involved across a wide

range of industries, including the distribution of

fast-moving consumer goods and insurance

replacements for electronic goods. Brett’s business

achievements have earned him a number of

prestigious nominations and awards, including the

ABSA Bank Jewish Entrepreneur of the Year Award

(2003) and the ABSA Jewish Business Achiever

Non-Listed Company Award (2007), which he won

jointly with his brother, Mark Levy. Brett was

nominated as an Ernst & Young World Entrepreneur

SA Finalist for 2007. In 2010 he received the Liberty

Life Award for a Remarkable Success Story in the

David Awards and was a finalist in the Top Young

Entrepreneur category of the African Access National

Business Awards. In 2011 he shared with Mark the

Top Entrepreneur accolade in the African Access

National Business Awards.

Brett joined the Board on its establishment in 2007,

and is a director of various other companies, including

some local and global Group companies.

Board committee participation

Executive Committee:

Member

Investment Committee:

Member

Social, Ethics and Transformation

Committee:

Member

Audit, Risk and Compliance

Committee:

Attendee

Remuneration and Nomination

Committee:

Attendee