A2M 0.44% $6.85 the a2 milk company limited

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    Managing Director & CEO Succession

    December 14, 2017
    NZX/ASX Market release

    The Board of Directors of The a2 Milk Company Limited is very pleased to announce the appointment of Ms Jayne Hrdlicka to the role of Managing Director and CEO, to succeed Geoffrey Babidge who will retire from his role, during calendar 2018. Geoff’s retirement is part of a carefully planned transition programme which the Board has put in place together with Geoff to create an orderly and successful handover which is designed to ensure that the current momentum of the business continues.
    Jayne is an outstanding senior executive with particular strengths highly relevant to a2MC’s next growth phase. These include her extensive experience in strategy formulation and execution, insight into customer-centricity and innovation and importantly an understanding of operating in a disruptive environment.
    Jayne was most recently employed for over 5 years in the role of CEO of the Jetstar Group, a wholly owned subsidiary of Qantas Limited and also served as a Non-Executive Director of Woolworths Limited during this time. In her earlier career, Jayne was a partner at Bain & Company in the US, where she was focused on customer orientated businesses.
    Given her current commitments, it is expected that Jayne will commence her role around the start of the 2019 financial year. Geoff is highly supportive of Jayne’s appointment and has agreed to be available until December 2018 to assist the transition.
 
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Last
$6.85
Change
-0.030(0.44%)
Mkt cap ! $4.952B
Open High Low Value Volume
$6.93 $6.98 $6.83 $10.27M 1.490M

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No. Vol. Price($)
7 18844 $6.84
 

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Price($) Vol. No.
$6.85 41602 1
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