Stuart Morris leaves Hudaco board of directors

Anthony Thunstrom

Hudaco said Stuart Morris will be retiring from the company’s board of directors as an independent non-executive director.

The company disclosed that Stuart Morris joined the Hudaco board on 12 January 2009.

Hudaco has announced Mark Thompson (64) as independent non-executive director with effect from 20 June 2017. He will also be appointed
as a member of the audit and risk management committee, the remuneration committee, and the nomination committee.

Mark holds BCom, BAcc and LLB degrees and is a Chartered Accountant (SA) and a qualified lawyer. He served, inter alia, as chief financial officer of Sappi and as group treasurer of Anglo American and, until recently, was a member of the corporate and investment banking credit committee of Rand Merchant Bank and a non-executive director of Group Five Limited and member of its audit committee, mergers and acquisitions committee and chairman of its remuneration committee.

He currently holds non-executive positions with Rand Merchant Bank (member of the audit committee), FirstRand Insurance Services Company Limited (member of the board and chairman of the audit, risk and compliance committee), Rockwood Private Equity (member of the board of one of its major unlisted investments) and is a trustee of a medical research foundation and a member of its investment committee.

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