GOVERNANCE
“Accountability breeds response-ability.” Stephen R. Covey
Stephen-Newman (BUILDMAX) recognises that accountability and transparency are fundamental to investor trust and commercial sustainability. In order to provide a clear and transparent view of how the organisation is run, and by whom, along with the responsibilities and principles that guide and inform its decision-making, the corporate governance structures and processes of the organisation are outlined in detail in this section of the BUILDMAX website.
Guiding principles
Through its board of directors, BUILDMAX endorses, and is committed to, the recommendations of:
- The King Code of Corporate Governance Principles for South Africa (King IV)
- The Companies Act
- The JSE Listings Requirements
BUILDMAX recognises that being a ‘good corporate citizen’ requires the organisation to deliberate and act with fairness, responsibility, transparency and accountability, and to consider more than just its financial performance, appraising the short- and long-term impacts of its operations on society and the environment at the same time.
Governance structure
The following diagram outlines the governance structure of BUILDMAX as an organisation.
About Us
Building is more than our business, it’s our passion. At BUILDMAX CONSTRUCTION, we transform ideas into reality through quality construction, skilled craftsmanship, and unwavering dedication to excellence.
Our team is committed to delivering projects that meet the highest standards of safety, durability, and performance. Whether it’s a residential development, commercial facility, infrastructure project, or renovation, we approach every project with precision and professionalism.
Our reputation is built on trust, accountability, and results. We don’t just construct buildings, we build confidence, partnerships, and a legacy of excellence.
Stephen A. Newman
CEO – PrEng, BSc (Eng) (Civil)
After graduating with a Bsc Civil Eng from Wits in 1993 Wolfgang began his career in Germany as a site engineer with Hochtief AG. He joined BUILDMAX as site agent in 1997 and was promoted to contracts director in 2005. In 2012, he assumed the role of Managing Director of the Building North Division and took responsibility for the Building Africa Division in 2017.