Key Managers Secure 26 % of Commercial and Industrial Services Specialist , Scheltema
Leading Southern African roofing , ceilings and partitioning specialist , Scheltema , has announced the allocation of just over a quarter of the company ’ s shareholding to three of its managers .
The company , which primarily operates across the Western Cape , says that bringing in these three key managers at a shareholder level will not only better secure enhanced longterm prospects for the business , but also provides incentives for longer tenure and offers greater financial potential , benefiting both the company and individuals .
Operations Manager in the Roofing division , Girshwan Bredenkamp ; Operations Manager in the Ceiling and Drywalling division , Zubeir Fisher and Financial Director , Stuart Edelstein , have together secured a 26 % share of Scheltema , which took effect on 1 March this year . All three executives are also in the process of being appointed as Directors .
“ Each of these executives are excellent at what they do , having established a solid track record at Scheltema . They are also young with bright prospects , and we see this share deal as an investment in the future of the company , and a great opportunity for these individuals in the medium and longer term ,” says Michael van Breda , Group CEO , who alongside Managing Director Wouter Viljoen are the other active shareholders in the company .
Bredenkamp has been with Scheltema since 2016 , having started as a project manager within the Roofing division , and has gained extensive experience over the last eight years , with an outstanding track record collaborating with stakeholders . Fisher started with the company in 2011 and has demonstrated proficiency
Back Row L to R : Girshwan Bredenkamp , Stuart Edelstein Front Row L to R : Zubeir Fisher , Michael van Breda ( CEO ), Wouter Viljoen ( MD ) in evaluating cost control measures and enhancing customer satisfaction at a Project Manager level within the Ceilings division .
With both the Roofing and Ceilings divisions now needing a head of operations , Bredenkamp and Fisher ’ s proven capabilities sees them both move into respective directorship roles . In the Roofing division , Bredenkamp will now co-lead alongside Marcellus Finlayson , Commercial Manager since 2011 . In the Ceilings division , Fisher will now co-lead alongside Andre Le Roux , Commercial Manager since 2022 and Jody Daniels who has recently joined the company . Edelstein , with a background within the property sector , has proven his abilities from a financial perspective as well as in problem solving and management . “ All three are at a stage where the acquisition of these shares is merely the starting point of their journey , and what we hope will be a long and fruitful tenure with the company ,” van Breda says .
The opportunity to bring in three managers at shareholder level was realised when Stephen Arrow retired as a director and relinquished his shareholding in the company . Arrow had been a senior manager with the company since 1977 .
Despite weak growth rates in the country over the last decade which has had a major impact on the construction sector , Scheltema continues to show steady growth , attributed to opportunities within the logistics , data centres and solar rooftop space on the roofing side , as well as in short-term accommodation , housing , schools , shopping centres and luxury homes on the ceilings side of the business . www . scheltema . co . za
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