Qantas executive Jayne Hrdlicka has made a surprise move to head up the New Zealand-founded a2 Milk Company.
She replaces Geoff Babidge who has been chief executive of the dual Australian and New Zealand-listed company since 2010.
“I am delighted to be joining the very talented and accomplished team at the a2 Milk Company as their new CEO. This is a strong and principled company with significant opportunity ahead and impressive momentum in each of its core markets,” Hrdlicka said in a statement.
Up to a month ago she was Jetstar chief executive for five years before moving to lead Qantas’ booming loyalty business.
During her time with Jetstar she also served as a non-executive director of Woolworths and in her earlier career Hrdlicka was a partner at Bain & Company in the United States, where she was focused on customer-orientated businesses.
Babidge said he would stay in the job until the end of the 2018 financial year.
Shares in a2 Milk Company have soared over the past year from $2.13 to $7.73.
Source: Stuff.co.nz
A new wave of brands is emerging that promotes indulgence and rejects the notion of sacrifice. Low-maintenance “hangover” beauty products are designed to address the effects of late nights and partying without judgment or hassle, and even include cosmetics that are formulated in a way that means you can fall asleep in your makeup without feeling guilty.
The pilot will allow the company to scale circular packaging in about 18 markets over the next three years, an approach that jumps on the success of similar efforts in the company’s Indonesia ecoSPIRITS program, which launched in 2022 and is active in 38 bars.
Unilever’s focus on purpose across its brands has been a source of criticism from some of its investors. Its new CEO Hein Schumacher says the company now recognises there are some brands where the concept is simply not relevant.
