Asaleo Care appoint new CEO and Managing Director

Company News

by Rachael Jones

Asaleo Care (ASX:AHY) has appointed Sid Takla CEO and Managing Director.

Chairman Harry Boon says his appointment is the result of comprehensive CEO succession planning over a number of years and the Board is confident Sid is the right choice to lead the Company.

Prior to the interim CEO role, Sid held the position of Chief Operating Officer overseeing commercial and manufacturing operations. He also led our B2B and Pacific Islands operations to strong growth over a number of years. Executive General Manager Consumer Sales

Andrew Blew has been appointed as Executive General Manager Consumer Sales for the Company’s Tissue and Personal Care businesses in Australia and New Zealand. Andrew joins the Company in November from L’Oréal where he is the Commercial and Business Operations Director.

Shares in Asaleo Care (ASX:AHY) closed 2.14 per cent higher to 71.5 cents yesterday.