Management and Directors

Edcon Holdings (Proprietary) Limited has a unitary board structure comprising two executive directors and five non-executive directors. The address of our directors is Edgardale, 1 Press Avenue, Crown Mines, Johannesburg, 2092, Republic of South Africa. The members of Edcon Holdings (Proprietary) Limited's board of directors are as follows:

Stephen M Ross -Mr Ross was appointed group chief executive officer of Edcon in 1998 and has served on the board of directors throughout this period. Mr Ross has more than 25 years of experience in both wholesale manufacturing and apparel retailing, having worked for companies such as Macy's, Lord & Taylor, Sears and Philips-van-Heusen. Mr Ross received a B.A. from Washington & Jefferson College.

Dr Urin Ferndale - Dr Ferndale joined Edcon in 1999 as the group human resources director. In September 2007 he was appointed as chief executive: retail operations. Prior to joining Edcon, Dr Ferndale was employed as personnel manager, human resources manager and labour relations manager at several listed companies and parastatal entities. Dr Ferndale holds a PhD from the University of Johannesburg and a B.A. and an M.A. from the University of the Western Cape.

Stephen M Zide - Mr Zide was appointed director of Edcon Holdings (Proprietary) Limited in 2007. Mr Zide has been a member of Bain Capital since 1997 and a managing director since 2001. From 1998 through 2000, Mr Zide was a managing director of Pacific Equity Partners, an affiliate of Bain Capital in Sydney, Australia. Prior to that, Mr Zide was a partner of the law firm of Kirkland & Ellis LLP, where he was founding member of the New York office and specialised in representing private equity and venture capital firms. Mr Zide received an M.B.A. from Harvard Business School, a J.D. from Boston University School of Law and a B.A. from the University of Rochester.

Dwight Poler - Mr Poler was appointed director of Edcon Holdings (Proprietary) Limited in 2007. Mr Poler is a managing director at Bain Capital, which he joined in 1994. Previously, Mr Poler was at Bain & Company, and prior to that he worked in the mergers and acquisitions department at Morgan Stanley & Co. Mr Poler is a member of the board of directors of Toys "R" Us Holdings, Inc. Mr Poler received an M.B.A. from the Amos Tuck School at Dartmouth and a B.A. from Amherst College.

Edward Berk - Mr Berk was appointed director of Edcon Holdings (Proprietary) Limited in 2007. Mr Berk is a principal at Bain Capital, which he joined in 1997. Previously, he was a consultant with Bain & Company and also worked in the European mergers and acquisitions group at Banque Paribas. Mr Berk received an M.B.A. from Harvard Business School and a B.A. from Harvard University.

Marc Valentiny - Mr Valentiny was appointed non-executive director of Edcon Holdings (Proprietary) Limited in November 2009.  Mr Valentiny is an Operating Partner at Bain Capital, which he joined in 2003. Prior to joining Bain Capital, Mr Valentiny was Managing Director of Rexel UK and Northern Europe. Previously he was Vice President Strategy and Planning of the Pinault-Printemps-Redoute group, controlling shareholder of Rexel. Prior to that, he was Senior Manager at McKinsey & Company, worked for Braxton Associates, and served as an Officer in the French Air Force.  Mr Valentiny received an MBA from Harvard Business School, a Master in Civil Engineering from ENPC and is a graduate from Ecole Polytechnique in France.

Zohra B Ebrahim - Ms Ebrahim was appointed director of Edcon in 1999. Ms Ebrahim is Chairman of the Remuneration and Nominations Committee and is a member of the Transformation Committee. She is past president of the Institute of People Management and has advised government at various levels on aspects of housing policy. Ms Ebrahim holds a B.A. and a Higher Diploma in Education from the University of Cape Town.