Ann: Managing Director and CEO Transition, page-9

Reading between the lines, it appears McBain is looking to take a job further up the food chain, if you'll pardon the pun. Chantale Millard had already been appointed CEO in SA which oversaw both MB and PC and she was credited for the turnaround at MB so she has proven to have good capability. If she continues to perform, she may find her acting position becomes permanent. The trading update looks strong, particularly given the challenges some others in the industry are facing. The children's nutritional milk launch sounds particularly exciting.