Race Strauss will begin his role as CFO in the second half of the current financial year.
Race Strauss was CFO at Jetstar for five years and was most recently CFO for Qantas Airlines, a division of the Qantas Group, A2 Milk said in a statement. A2 chief executive Jayne Hrdlicka was chief executive of Qantas Airways’ Jetstar Group prior to taking on her current role in 2018.
Strauss also spent more than 20 years at Unilever where he held a variety of relevant and senior roles including in Unilever’s ice cream business in China, senior finance and strategy roles in South East Asia and Australasia and Unilever’s Global Mergers and Acquisition team based in the UK.
Current CFO Craig Louttit opted to step away from the role to spend more time with his family. He will stay on as deputy CFO.
A2 Milk shares were last up 1.6% at $13.74. They have gained 21.3% so far this year, but are down from their $18.04 record in late July.
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