Corporate governance
The Board is supported by three committees, two ad hoc committees, the executive committee and subsidiary boards. Committees have specific charters or terms of reference, appropriately skilled members, senior management participation and access to specialist advice when necessary.
Audit and risk | Social, ethics and transformation | Remuneration | Nomination | Investment
Wouter André Hanekom
Chairman
André was appointed to the Board on 1 October 2014 and elected as chairman of the Board on 28 April 2015.
Committee membership
Remuneration | Social, ethics and transformation | Nomination (chair) | Investment
Qualifications
CA(SA)
Geoffrey George Fortuin
Lead independent director
Geoff was appointed to the Board on 28 April 2015 and appointed as lead independent director on 9 September 2021.
Committee membership
Audit and risk (chair) | Remuneration (chair) | Nomination
Qualifications
BCom (Acc), BCom (Acc) (Hons), CA(SA)
Pieter Francois Theron Burger
Independent non-executive director
Piet was appointed to the Board on 29 July 2024.
Committee membership
Audit and risk | Social, ethics and transformation
Qualifications
B Eng (Chemical), MBA
Larry Wilson Riddle
Independent non-executive director
Larry was appointed to the Board on 28 September 2020.
Committee membership
Audit and risk | Remuneration | Nomination | Investment (chair)
Qualifications
BCom, BAccSc(Hons), CA(SA)
Gary Vaughan-Smith
Non-executive director
Gary was appointed to the Board on 19 February 2021.
Committee membership
Social, ethics and transformation (chair) | Investment
Qualifications
BSc (Hons) Mathematical Statistics, MPhil Finance, Fellow of the Institute and Faculty of Actuaries
Adel Deidré Van Der Merwe
Chief executive officer
Adel has been with Quantum Foods since 2008 and was appointed to the Board on 1 April 2024.
Qualifications
BCom Management Accounting
André Hugo Muller
Chief financial officer
André was appointed to the Board on 27 January 2014.
Qualifications
CA(SA)
Ziyanda Patience Wakashe
Company secretary and legal advisor
Ziyanda was appointed on 20 September 2022.
Qualifications
LLB, Certificate in Compliance Management
Governance structure and committees
The board of directors delegates certain responsibilities to Board committees. Each committee is led by a non-executive or independent non-executive director, and their charters are reviewed annually to ensure that their duties and responsibilities are in line with good corporate governance requirements.
Board of directors
Executive management
IT Steering committee
Optimises the total investment in technology and information systems, and provides guidance to management regarding the appropriate use of technology and information services
Subsidiary boards
Ethics
The Social, Ethics and Transformation Committee monitors ethics management and adherence to the Group’s code of conduct, which is reviewed annually. Local anonymous tip-off lines are available to stakeholders in Quantum Foods’ operating jurisdictions (South Africa, Zambia, Uganda and Mozambique).
Quantum Foods’ Code of Ethics contains our commitments to:
- Being a good corporate citizen
- Enabling socio-economic transformation
- Being the business partner and employer of choice in the areas where we operate
- Achieving and continually improving employment equity
- Adding sustainable value for key stakeholders
- Adhering to internationally accepted standards
- Auditing our farms and operating facilities regularly
- Adhering to world-class animal production procedures and complying with all relevant legislative guidelines
- Adhering to the laws of the countries in which we operate, with ethical behaviour going beyond abiding by the law
Quantum Foods will strive for all our stakeholders to:
- Not be subject to any form of unfair discrimination or harassment
- Not be subjected to forced, child or compulsory labour
- Provide just, safe and favourable conditions of work
- Protect freedom of conscience
- Protect freedom of expression
- Protect their right to privacy
- Have freedom of collective bargaining and association
- Avoid involuntary resettlement where possible
- Ensure fair remuneration
- Ensure security personnel are trained in human rights
- Have access to a grievance mechanism
Whistleblowing hotline
quantumfoods@tip-offs.com | www.tip-offs.com | KZN 138, Umhlanga Rocks, 4320, South Africa
South Africa
0800 222 364
0800 00 77 88 (fax)
Mozambique
800 112 233
800 333 312
Uganda
800 100 255
Zambia
260- 971 231 250
Remuneration
Our remuneration structures strike the necessary balance between creating long-term, sustainable value for our investors while delivering high-quality customer service and appropriately incentivising our employees. Employee incentivisation is aligned with shareholder interests through performance-related short- and long-term incentives, and the remuneration of non-executive directors is subject to regular industry benchmarking.
