Executive Committee

FELIX RATHEB
Position: Group Chief Executive Officer (CEO)
Appointed to Exco: 2006
DOB: 1973
Nationality: South African
Qualification: B.Sc. (Hons.) (Elec. Eng.), MBA

Brief Profile

Felix Ratheb is a seasoned business leader with more than 20 years’ experience across the fast moving consumer goods (FMCG) and fishing industries. He joined Sea Harvest in 2003 as Commercial Manager, was appointed Group Sales and Marketing Director in 2006, and became Chief Executive Officer in 2013. In 2017, he led the successful listing of Sea Harvest on the JSE and subsequently guided the company’s growth through a combination of organic and acquisitive initiatives. He also led the acquisition, listing, and subsequent delisting of Australian agri-business Mareterram Limited on the ASX. He has extensive experience in the South African and international fishing industry and currently serves as Chairperson of the Groundfish Forum, the world’s largest whitefish conference. He previously served as a Trustee of the Marine Stewardship Council from 2016 to 2019. Mr Ratheb holds a Bachelor of Science, Bachelor of Science (Honours) (Electrical Engineering) and a Master of Business Administration degree.

MUHAMMAD BREY
Position: Group Chief Financial Officer (CFO)
Appointed to Exco: 2016
DOB: 1978
Nationality: South African
Qualification: CA(SA)

Brief Profile

Muhammad (Mo) Brey joined Sea Harvest as Chief Investment Officer in 2016. In this role, he was responsible for driving the Group’s acquisition and growth strategy, as well as overseeing the performance of its operating subsidiaries. He was appointed CFO in April 2020, with responsibility for finance, internal audit, information technology, procurement, and the Group’s organic and acquisitive growth strategies. Prior to joining Sea Harvest, Mr Brey served as Managing Executive at Brimstone, where his responsibilities included identifying, implementing, and funding acquisitions, managing the investment portfolio, and driving growth across portfolio companies. Earlier in his career, he completed his articles at KPMG before joining Nedbank Capital’s Corporate Finance division, where he worked on multiple mergers, acquisitions, listings, and Black Economic Empowerment transactions. Mr Brey is a Chartered Accountant (South Africa) and holds a Bachelor of Commerce (Accounting) and a Bachelor of Commerce (Honours) (Accounting) degree.

KONRAD GELDENHUYS
Position: Chief Operating Officer (COO), South African Fishing
Appointed to Exco: 2009
DOB: 1969
Nationality: South African
Qualification: MBA

Brief Profile

Mr Geldenhuys joined Sea Harvest as Commercial Manager, responsible for managing and reporting on profitability across all sales channels as well as balancing production with market demand. In 2013, he was Managing Executive of Sea Harvest’s international business and shortly after was appointed as Group Sales and Marketing Executive responsible for managing sales across all domestic and international sales channels, as well as overseeing all facets of brand management and marketing. He has many years’ experience in sales management with broad international exposure. Mr Geldenhuys holds a Bachelor of Technology (Public Relations), National Diploma, and Master of Business Administration degree.

Innocent Dwayi
Position: Human Resources (HR) Director
Appointed to Exco: 2024
DOB: 1981
Nationality: South African
Qualification: Master’s in Law (UCT); Master’s in Business Leadership (UNISA); Bachelor of Technology Human Resources Management (CPUT); Postgraduate Diploma in Management (GSB UCT).

Brief Profile

Innocent Dwayi was appointed to Sea Harvest Group HR Director in May 2024, overseeing Group Human Capital across all business subsidiaries. He has more than 15 years’ experience in Human Resources Management and has held various positions including HR Business Partner, Senior HR Manager, Group Employee Relations, HR Executive, Corporate Affairs and Director in a Joint-Venture with expanded responsibilities. Since 2019, he continues to play a pivotal role in various industry associations. This includes as Chairperson of the South African Deep-sea Trawling Industry Association (SADSTIA); Business Unity South Africa’s representative at the National Economic Development and Labour Council (NEDLAC) in the Labour Market chamber; and an executive member of FISHSA. Mr Dwayi holds a Bachelor of Technology (Human Resources Management), Postgraduate Diploma (Management Practice), Master of Business Leadership (MBL) and Master of Philosophy (Law) degree.

MADODA KHUMALO
Position: Strategic Services Director, South African Fishing
Appointed to Exco: 2013
DOB: 1986
Nationality: South African
Qualification: B.Sc Hons (UCT); M.Sc (UCT)

Brief Profile

He has extensive knowledge in marine science with seagoing research experience obtained at various institutions, such as the Department of Environment, Forestry and Fisheries in South Africa and the University of Cape Town. Mr Khumalo joined Sea Harvest as the Executive Assistant to the CEO and, in October 2014, became the Resource and Sustainability Manager. He was promoted to Strategic Services Executive in October 2015, responsible for Fishing Rights; and overseeing Sustainability and Corporate Affairs for the Group. Madoda is on the Executive Committee for the South African Deep-Sea Trawling Industry Association (SADSTIA) and a member of the Marine Stewardship Council (MSC) Stakeholder Advisory Council. Mr Khumalo holds a Bachelor of Science (Ocean, Atmospheric Science and Environmental Management) (OASEM), Bachelor of Science (Honours) (OASEM) and Master of Science (OASEM) degree.

Zantira Annandakrisnan
Position: Group Company Secretary & Legal Advisor
Appointed to Exco: 2025
DOB: 1992
Nationality: South African
Qualification: LLB Law

Brief Profile

Zantira Annandakrisnan is responsible for the Group’s legal, compliance and company secretarial functions. She supports the Board and executive management on governance, regulatory compliance and ethical conduct. Her role ensures adherence to legislative requirements and best‑practice governance standards across the Group. Ms Annandakrisnan plays a key role in maintaining strong governance frameworks and stakeholder confidence. Zantira is an accomplished attorney with over seven years of experience. She held the position of Company Secretary at RFG previously, guiding governance practices and regulatory alignment. Prior to that, she held the position of Legal & Compliance Officer, where she led contract reviews, business negotiations, and structured agreements. Her work was instrumental in upholding compliance with the Companies Act, King IV principles, and JSE listing requirements. Ms Annandakrisnan holds a Bachelor of Arts (Law) and Bachelor of Laws (LLB) degree.

Lynn Boshoff
Position: Managing Director - Sea Harvest Pelagic
Appointed to Exco: 2024
DOB: 1968
Nationality: South African
Qualification: CA (SA)

Brief Profile

Lynn Boshoff has more than 15 years of experience in the local Pelagic Fishing Industry which includes the FMCG and manufacturing Industries. She was appointed as the Chief Financial Officer of the West Point Fishing Group in October 2010 and assumed the role of Chief Executive Officer in January 2020. Prior to this, Lynn held the position of Financial Director in a wide range of industries. She served as a Trustee for the Saldanha Foods Employee Trust, a role she held for a decade before stepping down in 2022. Ms Boshoff is a Chartered Accountant (South Africa) and holds a Bachelor of Commerce (Accounting) and Bachelor of Commerce (Honours) (Theory of Accounting) degree, as well as an Advanced Diploma in Estate and Trust Administration.

Jonty Jankovich-Besan
Position: Managing Director, Aqunion
Appointed to Exco: 2024
DOB: 1968
Nationality: South African
Qualification: CA(SA)

Brief Profile

John (Jonty) Jankovich-Besan is responsible for the Group’s Aquaculture segment. He has over 30 years of broad industry and leadership experience across both finance and operations, having built his career initially based in the UK for thirteen years, working largely in the Consulting a career in International mobile, fixed-line and broadband Telecoms industries, before returning to South Africa in 2008. Particular to this role, Mr Jankovich-Besan has significant fishing and aquaculture industry leadership experience, joining Irvin and Johnson in 2010 and serving as Managing Director for eleven years. In this capacity, he led a number of strategic initiatives, including the expansion of the I&J Abalone operations and played a key role in securing the future of I&J, via the award of long-term fishing rights. He sits on the Board of Marshall Monteagle PLC and is the Chairman of the Harvest CEO Council, representing fishing harvesters from around the world. Mr Jonkovich-Besan is a Chartered Accountant (South Africa) and holds a Bachelor of Commerce (Accounting) and Bachelor of Accounting Science (Honours) degree.

Danie Du Toit
Position: Managing Director - Sea Harvest Australia
Appointed to Exco: 2025
DOB: 1966
Nationality: South African
Qualification: B Comm (Economics and Business Management) UNISA
B Comm Hons (Business Management) UNISA
M Comm (Business Management) UNISA.

Brief Profile

Daniel (Danie) Du Toit leads commercial strategy and business development initiatives within Sea Harvest International. His responsibilities include revenue growth, market development and strengthening customer relationships. He focuses on identifying opportunities for sustainable value creation while supporting market competitiveness. Mr Du Toit is an internationally experienced CEO with strategic leadership expertise across diverse industries including Defence, Aerospace, ICT, Multimedia, Fishing, Aquaculture, and Fast-moving Consumer Goods. He has held prominent roles, such as CEO of Denel (the largest Defence business in Africa), Saab’s signal processing and intelligence solutions business in Germany, and Terrasan. He is recognised as a business turnaround specialist. His executive management training includes a programme in International Business Management and operations from the Stockholm School of Economics and Executive Development from the Gordon Institute of Business Science. Danie has led significant corporate transformations, including divesting the major assets of South African fishing group, Terrasan, to Sea Harvest Group in 2023. He has also served on the Board of Directors of several international companies. Mr Du Toit holds a Bachelor of Commerce (Economics and Business Management), Bachelor of Commerce (Honours) (Business Management) and Master of Commerce (Business Management) degree.

RENALDO GROENEWALD
Position: Managing Director, Ladismith Cheese
Appointed to Exco: 2019
DOB: 1972
Nationality: South African
Qualification: CA(SA), MBA

Brief Profile

Renaldo Groenewald is responsible for the overall leadership and performance of the Ladismith Cheese Company, a key business within the Sea Harvest Group. His role focuses on operational excellence, brand integrity and market competitiveness within the dairy and FMCG sector. Mr Groenewald has more than 13 years’ experience in the dairy industry. He joined Ladismith Cheese Company as the Chief Financial Officer in March 2006, responsible for Finance, IT and various other line functions. He was promoted to CEO of the group in 2014. In 2015, he had to manage and rebuild the company after a fire nearly destroyed the whole factory. In 2019, he managed the successful sale of the Ladismith Cheese Company to the Sea Harvest Group. Mr Groenewald also held several senior roles at Deutsche Bank and DHL when he lived in the UK for a few years and also held a senior finance role within the South African Department of Defence. Mr Groenewald is a Chartered Accountant (South Africa) and holds a Bachelor of Science (Military), Bachelor of Commerce (Honours) (Theory of Accounting) and Master of Business Administration degree.

Costas Vayanos
Position: Managing Director, BM Foods Group
Appointed to Exco: 2007
DOB: 1964
Nationality: South African
Qualification: BComm Hons, CA(SA)

Brief Profile

Costas Vayanos is responsible for the overall leadership, strategic direction and performance of the BM Foods Group within the Sea Harvest Group. He joined Deloitte Haskins Sells (now Deloitte) for the completion of his articles from 1985 to 1988. He then spent a year in the convenience store retail environment, after which he joined the Mediterranean Delicacies family business in 1991. During the next 16 years, he built the business organically into a focused retail and food service manufacturer and oversaw the merger of the business with Bettafresh Prepared Foods. In 2007, he was appointed as Managing Director of BM Foods. Mr Vayanos brings strong commercial insight and financial expertise, supporting effective decision‑making and governance across the business. Mr Vayanos is a Chartered Accountant (South Africa) and holds a Bachelor of Commerce (Accounting) and Bachelor of Commerce (Honours) (Theory of Accounting) degree.