That is telling in itself...
1. David Mallison is not a shoe-in for the role, some history here. Don't forget Fiona Smith has been appointed as Chief Operating Officer so David returning to his previous role will in theory report to Fiona not the new CEO, a slight demotion if it happens that way. Maybe they will put David back as the CFO to replace Brad Hingle given David was a CFO in a previous life.
2. The Board of MG-Devondale are at a loss as to what Gary was actually doing and need him to help them secure a successor that does understand so they can sustain momentum.
Shuffling the exec team is one thing, and can be done by the Board. Changing the Board is another matter all together and can only be done by the shareholders (dairy farmers with Class A shares from memory).
Thanks.
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