Seven Bridges Trading 23 (Pty) Ltd, the registered company under which Caltex Eastern Cape Marketer trades, started as a partnership between two Transkei businessmen. Ownership of the company has since diversified and currently 45% of the shares remain in the hands of the founders or their heirs.
Local empowerment investment company, African Pioneer Energy (Pty) Ltd, own a total of 50% of the shares bringing the total shareholding in HDI hands to 62.5%.
Founder, Clive Berlyn, and Chief Executive Officer Pat Kelly, have both been involved since the company started and both continue to serve on the Board of Directors.
Joining the Board in 2014 were Stephen Dondolo from African Pioneer, and Greg Webb who serves as an independent director.
With the 2017 share transaction, two more non-executive directors were appointed: Brendon Wood and Zola Tshefu. In 2019 the Board was joined by Sisanda Ndungane, shareholder and daughter of founder Richard, as well as Diane Cousins, an independent director.
Together these non-executive directors bring a wealth of experience to take the company into the next decade.
Caltex Eastern Cape directors
Stephen Dondolo | Non-Executive Director and Founder & CEO of African Pioneer (Pty) Ltd
Stephen, a self-made businessman from Port Elizabeth, has a background that includes fuel and other forms of retailing. He brings to CECM his experience in audit committees and ethics committees for a number of organisations as well as his experience building and running his own organisation.
Clive Berlyn | Founder and Non-Executive Director
Founder and visionary behind the success of the company; Clive has a background in fuel retailing and the Transkei was his home base until his relocation to East London in the early days of the company.
Pat Kelly | Chief Executive Officer and Executive Director
Most long serving member of staff, architect of the operating systems and guardian of standards. Pat has an accounting background.
Greg Webb | Non-Executive Director and Attorney of the High Court of South Africa
Greg, a product of King William’s Town, is an internationally accredited mediator. His passion is mediating and the facilitation of conflict resolution, dispute settlement and team effectiveness processes.
Zola Tshefu | Non-Executive Director and COO of the African Pioneer Group
Zola’s main area of expertise lies in IT systems development and deployment. She has held two CEO positions in Kouga Development Agency and EC Tourism Board; prior to which she was an Investment Promotion Specialist at ECDC. Zola’s extensive experience in governance in both public and private sector organisations add significant value to CECM.
Sisanda Ndungane | Non-Executive Director and shareholder
Sisanda is a shareholder and daughter of Richard Ndungane, one of the two founders. She is a young, aspiring businesswoman with a track record of service in business councils, including the Gauteng Youth Chamber of Commerce and Progressive Youth in Business. Before deciding to venture out on her own, Sisanda held a leadership position with Experian South Africa. She has a BA from Wits and a post graduate diploma in Business Administration.
Diane Cousins | Non-Executive Director
Diane is a Chartered Accountant, and runs her own business offering a range of financial services to high net-worth families. She also brings to the Board a particular expertise and experience in risk management and compliance.