Leadership

Southey Holdings’ management team is led by Chief Executive Officer, Peter Ringelmann and Financial Director, Vaughn Meyer who contribute operational expertise and extensive knowledge of local market conditions and dynamics. Peter and Vaughn are supported by a strong management team across our various divisions, combining exceptional skill and experience in areas of contracting, shipping, manufacturing and related services. This management team has a proven track record of growing shareholder wealth and maintaining the group’s strong market position.

A message from the Chair

Our passion to improve the world around us unites our organisation and fuels our business to find innovative solutions that are sustainable and respectful of the environment in which we operate. Our diverse and dynamic business model has positioned us well to be market leaders in our areas of expertise. Our people are what drives our business and we aim to attract and retain the best talent. We are an energetic group of enterprising professionals, achieving world-class excellence in industrial services and products.

– Barry Wickins, Non-Executive Chairman

Our Directors

Peter Ringelmann

Chief Executive Officer

Peter is the CEO of Southey Holdings from October 2023.

Peter worked closely with Barry Wickins, now executive chairman of Southey, for 22 years as the Group’s Financial Director. Peter is a Chartered Accountant and has accumulated vast practical knowledge and experience in all the Group’s operations.

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Before joining Southey Peter completed his articles with Ernst & Young, as well as a secondment to the USA and short stint in Corporate Finance.

Peter is proud of the shareholders returns delivered to both external and management shareholders of Southey Holdings over the past 22 years, as well as running this diverse group at high corporate governance standards. Peter may spend most of his time with Southey HQ in Durban, but it’s the drive to be the best, entrepreneurial mindset and personal stake in Southey that gets him up in the morning.

When Peter is not at Southey, he enjoys playing the Euphonium or Tuba, enjoys reading, loves South African sport, travelling, and spending time in the great outdoors.

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Vaughn Meyer

Chief Financial Officer

Vaughn is a Chartered Accountant, holds Bachelor of Commerce degree from University of KwaZulu- Natal and Honours degree from University of South Africa. He initially joined as Group Financial Manager in 2007 and was promoted to Corporate Divisional Finance Director in 2013. He was appointed Group Financial Director and director to the main board in October 2023.

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Following the completion of his articles at Lowe & Co. (now Moore Durban) he moved to London and held various Financial positions with JP Morgan Chase, Credit Suisse, BNP Paribas and Royal Bank of Scotland between 1998 and 2006.

Vaughn has been part of the Southey Corporate Executive Management team for the part 10 years effectively overseeing financial operations and control.

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Bronwen Thompson

Company Secretary

Bronwen is a Chartered Secretary (ACIS) and holds a Bachelor of Accounting Sciences in Management Accounting degree from the University of South Africa.

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She has been employed by Southey Holdings since 2007 and previously filled the role of Compliance & Risk manager before being appointed as Company Secretary in 2019.

She is at the cliff-face of the company’s operations and is well-versed in its operating procedures and strategic thinking.

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Chris Sparg

Executive Director

Chris is a BSc Mechanical Engineer and holds a degree from the University of Cape Town. He was appointed as Managing Director of Dormac a division of Southey Holdings (Pty) Ltd in 2004 and he was appointed a director to the board of Southey Holdings in October 2023.

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Before joining Dormac, Chris was General Manager at DCD-Dorbyl Marine from 2000 to 2003, having been promoted from Business Development Manager between 1995 to 1999 where his focus was developing business of General Electric Locomotives in Africa (Kenya, Congo, Zambia, Tanzania, Mozamabique). Prior to that Chris was Project Manager for Dorbyl in Ghana.

Chris has also served as Director of Kraatz Marine and Nautilus Marine between 2001 to 2002 and is currently also Director of Southey Offshore.

Chris has over 23 years of experience in the Marine Industry and over 30 years in the heavy engineering sector.

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Barry Wickins

Non-Executive Chairman

Barry is a Chartered Accountant with over 30 years of broad financial, commercial and management experience, covering mechanical engineering and a wide range of manufacturing industries.

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He is the Chairman of the Board of Directors of Southey Holdings, after holding the position of CEO since 2001 and his qualifications include a B.Com (Rand), C.A. (SA), Advanced Management Diploma from UNISA and attendance at the Senior Executive Programme at the Harvard Business School.

Barry has served on the boards of listed companies in South Africa, including subsidiaries of the Dorbyl Ltd Group, originally part of the Dorman Long Group. He has also served as Managing Director of Babcock Africa in South Africa, which is part of London Babcock Plc.

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Lungile Mdluli

Non-Executive Director

Lungile Mdluli completed her under- and postgraduate degrees in accounting and commerce at the Universities of Natal and Johannesburg. She served articles at KPMG in Johannesburg where she qualified as a chartered accountant in 2000.

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On completion of her articles, Lungile joined WipCapital, a subsidiary of Women’s Investment Portfolio Holdings as a manager in the Debt Products team. She joined De Beers in 2002 as a project accountant in the Group Exploration Finance department, before moving to its Corporate Finance department the following year.

Lungile joined the Metier team in 2005 as a key investment transaction executive for the first Capital Growth Fund, where she was integrally involved in preparing investments for the Capital Growth Funds, fund raising and management of investor due diligence processes.

In 2019, Lungile was appointed to the Board of Southey Holdings and is well-equipped as a value adding member of the board.

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Quinton Dicks

Non-Executive Director

With over 26 years of extensive private equity experience, Quinton brings a wealth of knowledge and expertise to our team. He currently serves as an Equity Consultant at Standard Bank Corporate & Investment Banking and is an Investment Committee Member for Sanlam Private Equity Mid-Market Fund I.

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Quinton’s career spans various leadership roles, including Partner and Director positions at Brait and Metier. He was also part of the Old Mutual Private Equity Executive Team, where he played a key role in growing the private equity business over a 10-year period, overseeing investments, due diligence, and fund structuring. As the inaugural CEO of the SA SME Fund, Quinton established the mandate and investment program, fully understanding the critical value SMEs bring to the South African economy.

Additionally, Quinton has served as the Non-Executive Director of Consol Holdings and Chairman of the Investment Committee at Allegrow Fund( Namibia) , and was an Independent Non-Execitive Director and chaired the Investment and Remuneration Committee at Mineworker Investment Company. He also held the role of Managing Director at Johannesburg Eye Hospital from March 2020 till June 2024.

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