Gareth Mark Ackerman

Gareth Mark Ackerman (often referred to in business circles as Gareth Acker) is one of South Africa’s most prominent retail and investment leaders. He is best known as the long-time chairman of Pick n Pay, but he also holds multiple board and trustee positions across various holdings, including Boxer Superstores, Pleiad Capital Management, and philanthropic foundations.

Career & Leadership Roles

• Pick n Pay Stores Ltd.

  • Served as Chairman (1990–2025), guiding the retailer through decades of growth and transformation.

  • Former Non-Executive Chairman of Pick n Pay Holdings Ltd. (2002–2010).

  • Currently a Non-Executive Director of Pick n Pay Retailers (Pty) Ltd.

• Boxer Superstores Pty Ltd.

  • Non-Executive Chairman since 2010, overseeing one of South Africa’s fastest-growing discount retail chains.

• Pleiad Capital Management

  • Founder of this investment management firm, reflecting his broader interests in capital markets and diversified holdings.

• Consumer Goods Council of South Africa

  • Co-Chairman, representing the retail sector in policy and industry discussions.

• Other Roles & Networks

  • Chairman, World President’s Organization (South Africa).

  • Trustee, Ackerman Pick n Pay Foundation.

  • Trustee, Masisizane Fund (focused on enterprise development).

  • Former Non-Executive Chairman of Franklins Australia, expanding his influence beyond South Africa.

  • Member of the Young Presidents’ Organisation.

Net Worth & Influence

• Estimated net worth: USD 27 million (as of December 2025).

• Recognized as one of South Africa’s leading business figures, shaping the retail landscape and contributing to economic development.

• His leadership has been instrumental in positioning Pick n Pay and Boxer Superstores as household names in South Africa.

Quick Facts