Formex Industries’ key role players, who are responsible for ensuring that the company meets world class manufacturing standards are:

Dave Duncan – CEO, Formex Industries (Pty) Ltd


Dave Duncan has been with the Deneb group for more than 30 years in the industrial manufacturing sector. Mr Duncan was appointed CEO of the Formex group in November 2012

Hennie Venter – Operations Director, Formex Industries (Pty) Ltd

B.Industrial Engineering, MBA (Business management) B.

Hennie Venter is currently Operations Director of Formex Industries (Pty) Ltd. He was previously operations manager at Ford Motor Company and prior to that held various positions at Daimler Chrysler for a period of 7 years. His dealings at Daimler Chrysler included several overseas assignments in Europe.

Stuart Queen –Non-Executive Director, Formex Industries (Pty) Ltd

BCompt (Hons), CA (SA).

Mr Queen was appointed to the Deneb board in October 2008, is a member of the Executive Committee and the Risk Committee and was appointed Group Chief Executive Officer in December 2009. Prior to joining the board of Deneb, he was Financial Director of Johnnic Holdings Limited and held directorships within various subsidiaries of both Hosken Consolidated Investment Limited and Johnnic Holdings Limited.