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As of 5:00 AM 12/24/14 All times are local (Market data is delayed by at least 15 minutes).

grindrod ltd (GND) Snapshot

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05/29/14 - $2,895
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10/13/14 - $2,050
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grindrod ltd (GND) Details

Grindrod Limited, through its subsidiaries, is engaged in shipping, trading, financial services, and freight services businesses worldwide. The company’s Freight Services division offers freight logistics services, such as warehousing and storage, clearing and forwarding, road transportation, rail solutions, seafreight, ships agencies and support, and stevedoring services; and operates terminals and ports. Its Trading division provides value-added solutions to producers and consumers, which include producing, sourcing, processing, and marketing agricultural commodities, industrial raw materials and fuels, and lubricants. The company’s Shipping division operates a fleet of owned, chartered, and operated dry-bulk and petrochemical vessels, as well as provides ship operating services. This division focuses on moving dry bulk cargo, such as minerals, coal, ores, and agricultural products, as well as liquid chemicals and clean petroleum products. The company’s Financial Services division provides niche services to small to medium-sized companies and high net worth individuals, as well as financial service providers, such as fund managers and institutions. This division offers cash management, lending, corporate finance, card issuing, and investment products; and private clients and institutional fund management. Grindrod Limited is based in Durban, South Africa.

7,675 Employees
Last Reported Date: 03/28/14

grindrod ltd (GND) Top Compensated Officers

Chief Executive Officer, Executive Director a...
Total Annual Compensation: R12.0M
Group Financial Director and Executive Direct...
Total Annual Compensation: R6.7M
Executive Director and Chief Executive Office...
Total Annual Compensation: R10.5M
Executive Director and Chief Executive Office...
Total Annual Compensation: R5.6M
Chief Executive Officer of Terminals & Rails ...
Total Annual Compensation: R4.7M
Compensation as of Fiscal Year 2013.

grindrod ltd (GND) Key Developments

Grindrod Limited Appoints Tantaswa Fubu as Independent Non-Executive Director

Grindrod Preferrence has appointed Tantaswa Fubu as independent non-executive director and member of the Audit committee effective 27 November 2014. Tantaswa is currently the Executive Head of People and Transformation at KPMG and the national president of the Association for the Advancement of Black Accountants of Southern Africa and is a chartered accountant and holds various other academic qualifications.

Grindrod Limited Announces Retirement of Mike Groves as Non-Executive Director

Grindrod Limited announced that Mr. Mike Groves has retired as non-executive director of the company effective 26 November 2014. Mike was appointed to the board on 19 August 1986 and was the Chairman of the audit committee and member of the Remuneration and Nomination committee. He is also a non-executive director of Grindrod Bank Limited.

Grindrod Banking Unit Is Not For Sale

Bnaking unit of Grindrod Limited (JSE:GND) is not up for sale. Grindrod said that it was satisfied with the performance of its banking unit and added that it was not actively seeking a new buyer.


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