Replacing Boone is Sean Summers, a Pick ‘n Pay veteran who served as managing director and CEO for 11 years.
Pick ‘n Pay
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The Ackerman family, renowned for their wealth and investments, holds a 25.53-percent stake in Pick ‘n Pay.
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Billionaires.Africa remembers Ackerman by recalling some of his most enduring quotes about leadership, entrepreneurship and humanity.
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Ackerman’s influence extended far beyond his retail empire. He passed away at the age of 92, leaving behind a lasting imprint.
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Ackerman’s passing marks the end of an era in South African retail, but his enduring legacy will continue to inspire future generations.
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The Ackerman family owns a notable 25.53-percent stake in Pick ‘n Pay, constituting 124,677,238 issued shares.
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The Ackerman family holds a substantial 25.53-percent stake in Pick ‘n Pay, or 124,677,238 issued shares.
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South African tycoon Gareth Ackerman raises alarm over government’s empowerment policy revisions
As the scion of the Ackerman family, one of the richest families in South Africa, Gareth Ackerman’s views carry considerable weight in …
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The Ackerman family holds a significant 25.53-percent stake in the retailer, or 124,677,238 issued shares.
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Despite this setback, the Ackerman family remains among the country’s richest families and top investors on the local bourse.