Sharechat Logo

Qantas CFO Race Strauss to join A2 Milk as CFO

Monday 23rd September 2019

Text too small?

Race Strauss will join the A2 Milk Company as chief financial officer in the second half of the current financial year.

Strauss was CFO at Jetstar for five years and was most recently CFO for Qantas Airlines, a division of the Qantas Group, A2 Milk said in a statement. A2 chief executive Jayne Hrdlicka was chief executive of Qantas Airways' Jetstar Group prior to taking on her current role in 2018.  

Strauss also spent over 20 years at Unilever where he held a variety of relevant and senior roles including in Unilever’s ice cream business in China, senior finance and strategy roles in South East Asia and Australasia and Unilever’s Global Mergers and Acquisition team based in the UK. 

According to A2 Milk, he has a strong packaged goods background as well as relevant international experience, particularly in China and other Asian regions.  

Current CFO Craig Louttit opted to step away from the role to spend more time with his family. He will stay on as deputy CFO. 

“I am delighted that I am able to continue to be a key part of the team, but without the extensive travel demands of the public company CFO role. Race will be a great addition to the team. I am looking forward to working closely with Race as we continue to develop our thinking and execution as a company firmly focused on its next stage of growth," said Louttit. 

A2 Milk shares were last up 1.6 percent at $13.74. They have gained 21.3 percent so far this year, but are down from their $18.04 record in late July. 

(BusinessDesk)



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

Trustpower releases quarterly operating results
Napier Port third-quarter 2020 trade volumes
Rio Tinto decision following strategic review of Tiwai
Contact says smelter closure is ‘disappointing’
South Port (SPN) Statement on NZAS Tiwai Point Aluminium Smelter Closure
Rio Tinto announcement on Tiwai Aluminium Smelter
Me Today announces equity raising to accelerate growth
Scott Technology Trading Update; Rising to the COVID Challenge
New non-binding indicative offer received from apvg, shareholder meeting deferred
U.S. Added 4.8 Million Jobs in June as Reopened Businesses Rehired

IRG See IRG research reports