Pick n Pay Stores Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Sean Summers

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	2.6yrs
Board average tenure	12.1yrs

Recent management updates

Recent updates

Be Wary Of Pick n Pay Stores (JSE:PIK) And Its Returns On Capital

Sep 24

Pick n Pay Stores (JSE:PIK) Takes On Some Risk With Its Use Of Debt

Aug 03

Pick n Pay Stores' (JSE:PIK) Returns On Capital Not Reflecting Well On The Business

Mar 25

Pick n Pay Stores Limited (JSE:PIK) Is Yielding 4.0% - But Is It A Buy?

Feb 23

Here's Why Pick n Pay Stores' (JSE:PIK) Statutory Earnings Are Arguably Too Conservative

Feb 09

If You Had Bought Pick n Pay Stores' (JSE:PIK) Shares A Year Ago You Would Be Down 23%

Dec 09

Pick n Pay Stores Limited (JSE:PIK) Will Pay A R1.92 Dividend In Four Days

Nov 27

CEO

Sean Summers (68 yo)

less than a year

Tenure

R10,616,600

Compensation

Mr. Sean R. Summers serves as Chief Executive Officer & Executive Director at Pick n Pay Stores Limited since September 30, 2023. He serves as Chief Executive Officer of UK Retail at Steinhoff Internation...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Lerena Olivier	CFO & Executive Director	4.6yrs	R13.70m	0.068% ZAR 6.3m
Sean Summers	CEO & Executive Director	less than a year	R10.62m	no data
Raymond Ackerman	Founder & Advisor	43.3yrs	R65.00k	no data
Andrew Mills	Group Executive of Marketing	no data	no data	no data
Thembi Mbengashe-Mazibuko	Chief People Officer	no data	no data	no data
David North	Chief Strategy Officer	no data	no data	no data
Marek Masojada	Managing Director of Boxer	no data	no data	no data
Vaughan Pierce	Company Secretary	less than a year	no data	no data
Iain Bromage	Group Executive of Commercial	no data	no data	no data

2.6yrs

Average Tenure

68yo

Average Age

Experienced Management: PIK's management team is considered experienced (2.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Lerena Olivier	CFO & Executive Director	4.6yrs	R13.70m	0.068% ZAR 6.3m
Sean Summers	CEO & Executive Director	less than a year	R10.62m	no data
Raymond Ackerman	Founder & Advisor	43.3yrs	R65.00k	no data
Suzanne Ackerman-Berman	Non-Executive Director	14.1yrs	R3.51m	0.14% ZAR 12.9m
Jonathan Ackerman	Non-Executive Director	14.1yrs	R4.80m	0.21% ZAR 19.1m
Gareth Ackerman	Non-Executive Chairman	34.3yrs	R4.89m	0.36% ZAR 33.4m
David Robins	Non-Executive Director	22.3yrs	R571.80k	0.019% ZAR 1.7m
Audrey Mothupi	Independent Non Executive Director	11.2yrs	R984.70k	no data
Aboubakar Jakoet	Independent Non Executive Director	13yrs	R853.60k	0.16% ZAR 14.7m
Mariam Cassim	Independent Non-Executive Director	3.9yrs	R626.30k	no data
David Friedland	Independent Non-Executive Director	8.2yrs	R723.40k	0.0071% ZAR 651.7k
Haroon Bhorat	Independent Non-Executive Director	3.9yrs	R825.20k	no data

12.1yrs

Average Tenure

62.5yo

Average Age

Experienced Board: PIK's board of directors are seasoned and experienced ( 12.1 years average tenure).

Pick n Pay Stores Management

Management criteria checks 2/4

Key information

Recent management updates

Pick N Pay Stores Limited Announces Company Secretary Changes

Pick n Pay Stores Limited Announces Changes to Group Management, Effective from 1 March 2024

Non-Executive Director recently bought R137k worth of stock

Non-Executive Director recently sold R599k worth of stock

Pick n Pay Stores Limited Announces Board Changes

Pick n Pay Stores Limited, Annual General Meeting, Jul 19, 2023

Recent updates

Consensus EPS estimates fall from profit to R0.054 loss

Pick N Pay Stores Limited Announces Company Secretary Changes

Price target decreased by 8.5% to R25.17

New minor risk - Share price stability

Investor sentiment deteriorates as stock falls 16%

Price target decreased by 23% to R27.50

Consensus EPS estimates increase by 109%

Pick n Pay Stores Limited Announces Changes to Group Management, Effective from 1 March 2024

Price target decreased by 9.1% to R35.57

Price target decreased by 8.2% to R38.14

Non-Executive Director recently bought R137k worth of stock

Price target decreased by 9.6% to R39.14

New minor risk - Earnings quality

Investor sentiment deteriorates as stock falls 19%

Consensus EPS estimates fall by 40%

Pick N Pay Stores Limited Revises Earnings Guidance for the 26 Weeks Ended 27 August 2023

Investor sentiment deteriorates as stock falls 17%

Consensus EPS estimates fall by 20%

New minor risk - Share price stability

Pick n Pay Stores Limited(JSE:PIK) dropped from FTSE All-World Index (USD)

Pick n Pay Stores Limited(JSE:PIK) dropped from FTSE All-World Index (USD)

Now 21% undervalued after recent price drop

Pick n Pay Stores Limited Provides Earnings Guidance for the First Half and Second Half of Fiscal Year 2024

Non-Executive Director recently sold R599k worth of stock

Consensus EPS estimates fall by 13%

Pick n Pay Stores Limited (JSE:PIK) concluded a sale and purchase agreement to acquire business operations of the Tomis group for approximately ZAR 340 million.

Investor sentiment improves as stock rises 18%

Upcoming dividend of R1.40 per share at 5.6% yield

Consensus EPS estimates fall by 24%

Price target decreased by 18% to R52.00

Full year 2023 earnings: EPS misses analyst expectations

Pick n Pay Stores Limited Declares Dividend, Payable on 5 June 2023

Consensus EPS estimates fall by 10%

Pick n Pay Stores Limited Announces Board Changes

Consensus EPS estimates fall by 10%

Consensus EPS estimates fall by 12%

Price target decreased by 9.6% to R64.77

Upcoming dividend of R0.45 per share

Pick n Pay Stores Limited, Annual General Meeting, Jul 19, 2023

Pick n Pay Stores Limited to Report Fiscal Year 2023 Results on May 03, 2023

Now 21% undervalued

Public Investment Corporation Limited acquired minority stake in Pick n Pay Stores Limited (JSE:PIK).

Independent Non-Executive Director recently sold R459k worth of stock

Pick n Pay Stores Limited Announces Executive Changes

Full year 2022 earnings: EPS misses analyst expectations

Pick n Pay Stores Limited, Annual General Meeting, Jul 26, 2022

Upcoming dividend of R1.85 per share

Full year 2022 earnings: EPS and revenues miss analyst expectations

Pick n Pay Stores Limited to Report First Half, 2023 Results on Oct 18, 2022

Now 21% undervalued

Now 21% undervalued

Upcoming dividend of R0.36 per share

Independent Non-Executive Director recently sold R604k worth of stock

First half 2022 earnings released: EPS R0.62 (vs R0.33 in 1H 2021)

Be Wary Of Pick n Pay Stores (JSE:PIK) And Its Returns On Capital

Pick n Pay Stores (JSE:PIK) Takes On Some Risk With Its Use Of Debt

Full year 2021 earnings released: EPS R2.03 (vs R2.51 in FY 2020)

Upcoming dividend of R1.61 per share

Clicks Group Limited (JSE:CLS) agreed to acquire Retail Pharmacy Business from Pick n Pay Stores Limited (JSE:PIK).

Full year 2021 earnings released: EPS R2.03 (vs R2.51 in FY 2020)

CEO & Executive Director Richard William Brasher has left the company

Chief Information Officer & Executive Director has left the company

Pick n Pay Stores' (JSE:PIK) Returns On Capital Not Reflecting Well On The Business

Pick n Pay Stores Limited Announces Retirement of Richard Van Rensburg as Executive Director, Effective 31 March 2021

Pick n Pay Stores Limited (JSE:PIK) Is Yielding 4.0% - But Is It A Buy?

Pick n Pay Stores Limited to Report Fiscal Year 2021 Results on Apr 21, 2021

Here's Why Pick n Pay Stores' (JSE:PIK) Statutory Earnings Are Arguably Too Conservative

New 90-day high: R56.86

How Much Of Pick n Pay Stores Limited (JSE:PIK) Do Institutions Own?