End of a 25-year era for well-known South African company
Trellidor Holdings has announced the retirement of its CEO, Terry Dennison, who will leave the security company after 25 years.
The company is a top manufacturer of custom-made security barriers in South Africa and Africa, with a history dating back to 1976. It is a small company on the JSE, with a market cap of R125 million.
Dennison will be retiring as the CEO and as an executive director of the company, with effect from
30 June 2026.
He was initially appointed as CFO and executive director of the Company in 1999 and as CEO in 2001, a role he has held for the past 25 years.
He was key in the company’s move from private ownership to its 2015 listing, and the recent sale of Taylor and NMC, resulting in a simplified business and a strengthened balance sheet.
Although he will now focus on family commitments, the group said that he remains a large shareholder in the company.
He will thus be available to Trellidor and the Board on an ad hoc basis for the forthcoming financial year, which it said will ensure continuity and provide such support and industry expertise as needed.
The group has thus appointed Damian Judge as the new CEO with effect from 1 July 2026. He is a chartered accountant with 15 years of manufacturing experience across several leadership roles.
He was appointed as CFO and executive director of Trellidor in 2019. As part of a planned transition, he has also assumed the leadership responsibility for sales and marketing over the last year.
“He has been instrumental in positioning the company for new growth strategies, the benefits of which should begin to manifest in the near term,” the group said.
The group added that Jennifer Erasmus has been appointed as an executive director and the new CFO of the company with effect from 1 July 2026.
Erasmus is a CA and was formerly a Mazars audit partner. As part of the transition, she joined the group six months ago and assumed a shadow leadership role for all finance matters.
The group added that the comprehensive handover of responsibilities from Dennison to Judge and from Judge to Erasmus will be completed by the end of June 2026.
“Damian and Jennifer are both supported by a broader, long-tenured Trellidor management team that
is stable, experienced and skilled,” the group added.
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