In July 2017 I was appointed as Chairman of the Adcorp board. Since my appointment the Group has seen much change necessitated by a decline in fi nancial performance over the preceding few years. The Group’s transformation was set in motion by the purchase of a 14,55% stake by Value Capital Partners (VCP). As an activist investor....
On the 2 October 2017 I arrived for my first day as Chief Executive Officer of Adcorp. I was welcomed by a passionate but uncertain group of employees whom I addressed. The uncertainty was because my arrival was part of a leadership change that had been set in motion in July 2017 when Value Capital Partners (VCP) acquired a stake in Adcorp Holdings and set about the process of rebuilding the Group's performance...
FY2018 has been a challenging year for Adcorp in many aspects, but one in which we are evolving our business model to become well poised for the next industrial revolution. Although our strategic change process created a lot of uncertainty in parts of the organisation, the change has been embraced in a positive manner. Following my appointment as the Chief Operating Officer in October 2017,
In July 2017 I was appointed as Chief Financial Officer of the Adcorp Group. Since my appointment, the Group has encountered a substantial amount of change set in motion by the purchase of a 14,55% stake by Value Capital Partners (VCP), along with the appointment of an entirely new C-suite...
A partner for now and the future
|Revenue 15,3 billion|
|15% market share South Africa
3% market share Australia
|Entire workforce has access to employee benefits|
|Permanent outsourced employees*
How we transform from
A to BETTER outcomes
Our Group of companies cover a variety of industries, environments and specialisations, suited to specific permanent, temporary, contract, training and consulting needs.
To be the leading workplace solutions provider in South Africa and selected international markets.
We're offering our investors the opportunity to be part of our journey as we grow in a bold new direction – one that will result in the best possible outcomes and shared value creation...
|Grow together to transform the core|
|Leveraging technology to craft
workplaces designed for the future
|Ability to manage large contingent
|Prioritising and managing what
We would welcome your feedback on our reporting for 2018 and any suggestions you have in terms of what you would like to see incorporated in our integrated annual report in the future. To do so, kindly contact firstname.lastname@example.org