Tim Netscher previously held the position of Managing Director & Chief Executive Officer of an ASX 300 company. Tim is currently the Chairman of two ASX listed companies and Non-Executive Director of a few other listed companies. Previously Tim has held the position of Executive Director for three different publicly listed companies, as well as being a Director of Industry Bodies. Tim has extensive experience in dealing with all levels of government.
Tim has successfully operated in several different countries and cultures, in a range of commodities and worked with joint venture partners from many different cultures, in roles spanning marketing, operations management, project management (concept studies through to large scale project implementation) and business development. In addition to working in varied resource industry roles around the world, Tim was also a director of successful mining services and supply company, Industrea Limited.
Tim holds a B.Sc. (Eng) (Chemical) from University of Witwatersrand; a B. Com. from University of South Africa; and a MBA from University of Cape Town.
Executive Director & Chief Executive Officer
Wray Carvelas is the Chief Executive Officer of the DRA Group. Wray joined DRA in 2001 and became the CEO of DRA Americas at the beginning of 2011. He
has over 25 years’ experience in gold, copper, diamonds, iron ore, nickel and platinum. Before moving to North America, Wray was DRA’s Director of Projects for Africa, managing a project portfolio valued at between four and five billion dollars. Wray has significant experience in operations management and project delivery and is particularly skilled in fast-tracking large scale projects. Since 2011, Wray has been focused on in growing DRA’s business in the Americas, both organically as well as through acquisition.
Wray is a metallurgist and has an MBA degree, adding formal management training to his significant practical leadership experience.
CFO & Strategy Director
Andrew Naude is CFO and Strategy Director of DRA Group Holdings. Andrew worked in the financial services industry for just short of 20 years with almost a decade of his experience earned at executive level. He is an expert in corporate finance and strategic planning and has achieved exceptional financial results, for various organisations, throughout his career. Andrew joined DRA in 2013 as Chief Commercial Officer, and has been instrumental in M & A and JV activity for DRA in Africa, USA, Canada and Australia.
Andrew holds a BComm (Finance) and a BComm Hons (Accounting), and is a Chartered Accountant. He is a member of SAICA and Institute of Directors.
Independent Non-Executive Director
Barry Smith retired in December 2010 from SABMiller Plc where he served as a member of the Executive Committee and held the position of President of the Latin America Division of SABMiller for the previous five years.
In addition to his broad experience in the consumer beverages industry across four continents, he has experience in operations research in the diamond mining industry with De Beers, and in the wholesaling and retailing of household products in South Africa with Metro Cash + Carry.
Barry holds a Hons B.Sc. (Mathematics) from University of Stellenbosch; a Hons BSc (Operations Research) from University of South Africa; and a MBA from Harvard University.
Non-Executive Board Member
Leon Uys is a non-executive member of the DRA global board of directors. Leon actively worked for DRA for 23 years where he was instrumental in the organisation’s growth. Before joining DRA, Leon gained almost a ten years’ of industry experience. He joined DRA in 1987 and retired from his position as CEO in 2013, currently Leon guides the organisation at board level by setting the strategic direction for the global business.
Leon qualified from the University of Witwatersrand as a Mechanical Engineer in 1988 and also holds a MDP Project Management from the University of South Africa.
Non-Executive Board Member
Clive Hart is one of the DRA founding members and currently a non-executive member of the board. Together with Tony Reynard and Brian Dowding, Clive started the DRA legacy in 1984 after gaining experience working for MCP and Anglo American. During his tenure at DRA, Clive has actively fulfilled various leadership roles; CEO Australian Operation, CEO Chinese Operation, Director Minopex and Director DRA Mineral Projects. In his current position, Clive assists the DRA executive team in their drive to position DRA as a leading global engineering company.
Clive holds a B.Sc. Eng (Metallurgy) and a BComm degree. He is a registered professional engineer and a member of the SA Institute of Mining and Metallurgy and a member of the SA Coal Processing Society.
Paul Salomon joined Stockdale Street in 2011 and is responsible for leading the team that looks after the Oppenheimer Family’s South African Private Equity interests.
The Oppenheimer Family were the founders of Anglo American and led DeBeers for 85 years (from 1927 until 2012). As a result, the Oppenheimer Family has four generations of investing experience on the African continent.
Prior to joining Stockdale Street, Paul was the co-founder of Altirah Capital, a South African private equity & venture capital house. Before this, Paul was the Chief Financial Officer of Everest Capital (Pty) Ltd, an Australian hedge fund business. Prior to his involvement in the hedge fund industry, Paul worked at ABN AMRO in Australia and Investec Bank Ltd in South Africa in their corporate finance divisions.
Paul qualified as a Chartered Accountant in Australia, is a CFA charter holder and earned a B.BusSci. (Honours) from the University of Cape Town.
Peter is an executive partner of Stockdale Street South Africa (formerly Southern Cross Capital) which he founded in 2003. Stockdale Street South Africa represents the private equity interests of the Oppenheimer family in South Africa. Peter was one of the founders of Primedia Limited in 1993 and, as an executive director from 1993 to 2003, was responsible for all of its corporate finance and mergers and acquisition activities.
Peter remains a non-executive director and a chairman of the Audit Committee of Primedia. Peter was also a non-executive director to Massmart Holdings Limited and a member of the Audit Committee and Strategy & Investment Committee of Massmart from 2003 to 2011. Prior to the establishment of Primedia, Peter co-founded Merhold Kirsh Capital Limited in 1991 following two years in corporate finance at Standard Merchant Bank and the completion of his articles at Coopers & Lybrand in 1987.