Diary nutritional company, a2 Milk (ASX:A2M) & (NZX:ATM):
advises of several leadership and organisational changes to its USA, ANZ and MVM businesses.
Strap in.
Blake Waltrip, Chief Executive - USA, has decided to leave a2MC after seven years leading the USA business. Kevin Bush, currently Executive General Manager - ANZ, will take over …
But who will be EGM - ANZ?
As a result of Kevin Bush’s appointment and relocation to the USA, Eleanor Khor, currently Chief Strategy Officer, will add to her existing role, taking on the leadership of a2MC’s ANZ business, as Managing Director - ANZ and Strategy.
I think Kevin Bush got the better end of this deal.
But wait, there’s more:
In respect of the leadership of MVM (Mataura Valley Milk), Bernard May, Chief Executive - MVM, has decided to leave MVM after seven years. John Roberts has been appointed as Interim General Manager MVM …
The seven-year-kiss-of-death.
Additionally:
… several other changes have been announced internally within the USA and MVM businesses.
Sounds like there is some cost cutting measures happening, and I would guess a few promotions-slash-combining-two-jobs-into-one-role kind of shenanigans.