Leadership

Marek Masojada has been with Boxer for 31 years, having joined the Company in 1993 when it was a modest five-store operation with an annual turnover of R120 million. Over the past three decades, Marek has been instrumental in building Boxer into South Africa’s fastest-growing supermarket chain, with leading market share of the discount market, serving middle-to-lower-income customers across South Africa and Eswatini. As head of finance for 25 years, and later as Managing Executive from 2019, his experience and expertise spans strategy, finance, property, commercial operations and risk management. Marek’s leadership has been pivotal in maintaining Boxer’s low-price promise for customers, delivering exceptional value through operational excellence and a strong commitment to meeting the needs of the Boxer Superstores’ customer. His leadership and deep understanding of the dynamics of discount retail continues to shape Boxer’s success in delivering convenience and affordability to its customers.

David Wayne, who joined Boxer from Ernst & Young in 2007, has been a key figure in Boxer for 17 years.

Since his appointment to the Boxer Group executive team in March 2020, he has expertly led the finance division and ensured rigorous financial governance and reporting. With expertise spanning finance, capital investment, risk management, strategy, taxation, and compliance, David has been instrumental in shaping Boxer’s financial strategy and driving strong returns on invested capital. His leadership and commitment to financial discipline have kept Boxer financially resilient in an intensely competitive retail landscape, enabling the Group to reinvest cost savings and operational efficiencies into delivering a highly competitive customer proposition.

Sean Summers has a long-standing and distinguished history with the PIK Group, having first joined in 1974. Rising through the ranks, he was appointed Managing Director in 1996 and became CEO in 1999, leading the PIK Group through a period of significant growth and transformation. Sean identified the potential of the Boxer business and was pivotal in Pick n Pay’s acquisition of the business in 2002. After leaving the PIK Group in 2007, Sean gained valuable international retail experience, advising the underlying retail operations internationally for the Steinhoff Group. Reappointed as CEO of the PIK Group in September 2023, Sean brings a deep understanding of both the PIK and Boxer businesses, as well as the intricacies of South African grocery retailing.

Other listed company directorships:
Pick n Pay Stores Limited

James is the former chief executive officer of Rand Merchant Bank, a position he held for seven years until his retirement in September 2022.

James had a successful 25-year career with RMB, holding a number of senior leadership roles over his tenure, including in corporate finance and investment banking. James’ transactional skills and his ability to structure large corporate deals made him a core member in many BBBEE transactions, IPOs, de-listings, mergers, debt restructures and disposals over his tenure with RMB. As CEO, James played a significant role in developing RMB’s strategy. James was appointed to the PIK Group board in October 2022, taking on the role of Lead Independent Director in July 2023, and is also a director of Vukile Property Fund and Nimble Group.

James served as Chair of the Boxer Board from November 2024 to February 2026, before handing over the role to Sean Summers.

Committee membership:
Remuneration Committee

Other listed company directorships:
Pick n Pay Stores Limited
Vukile Property Fund Limited