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)
No comments yet
Fonterra appoints permanent COO
Manawa Energy FY24 Annual Results & Webcast Details
Seeka Provides the Results of Meeting - ASM
April 19th Morning Report
PGW Guidance Update
CNU - Commerce Commission releases draft expenditure decision
Spark announces departure of Product Director
TGG - T&G appoints new Director
April 18th Morning Report
SKC - APPOINTMENT OF CHIEF EXECUTIVE OFFICER