Raymond Ackerman, Founder, Pick N Pay
Nationality: South African
In 1966, at the age of 35, Raymond Ackerman was fired from his position as a Managing Director at South African food retailer, Checkers. He used his severance pay to acquire four retail outlets in Cape Town which traded under the name Pick n Pay. Under Ackerman’s management, Pick n Pay grew to 794 stores around Southern Africa, Mauritius and Australia. Current Market Cap: $1.2 billion. Ackerman stepped down as Executive Chairman in 2010, handing over the reins to his son, Gareth. Dedicated philanthropist: Through his Ackerman Family Educational Trust, he supports about 60 students through university.
For more information visit:
http://en.wikipedia.org/wiki/Raymond_Ackerman
http://www.whoswho.co.za/raymond-ackerman-958
http://www.africansuccess.org/visuFiche.php?id=393&lang=en
http://www.ventures-africa.com/2012/05/raymond-ackerman-the-man-behind-south-africas-pick-%E2%80%98n%E2%80%99-pay-a-retail-giant/
http://www.popai.co.za/pick-n-pay-founder-raymond-ackerman-receives-lifetime-achievement-award/
In 1966, at the age of 35, Raymond Ackerman was fired from his position as a Managing Director at South African food retailer, Checkers. He used his severance pay to acquire four retail outlets in Cape Town which traded under the name Pick n Pay. Under Ackerman’s management, Pick n Pay grew to 794 stores around Southern Africa, Mauritius and Australia. Current Market Cap: $1.2 billion. Ackerman stepped down as Executive Chairman in 2010, handing over the reins to his son, Gareth. Dedicated philanthropist: Through his Ackerman Family Educational Trust, he supports about 60 students through university.
For more information visit:
http://en.wikipedia.org/wiki/Raymond_Ackerman
http://www.whoswho.co.za/raymond-ackerman-958
http://www.africansuccess.org/visuFiche.php?id=393&lang=en
http://www.ventures-africa.com/2012/05/raymond-ackerman-the-man-behind-south-africas-pick-%E2%80%98n%E2%80%99-pay-a-retail-giant/
http://www.popai.co.za/pick-n-pay-founder-raymond-ackerman-receives-lifetime-achievement-award/