The A2 Milk Company (ASX:A2M) say goodbye to CEO Jayne Hrdlicka

Company News

by Rachael Jones

The MD and chief executive of The A2 Milk Company (ASX:A2M) Jayne Hrdlicka, has resigned.

She says the role required much more travel than she had anticipated.

Former chief executive Geoff Babidge will to take the role on an interim basis as a search for someone more permanent begins.

Jayne says the next 3-5 years will continue to require the CEO being present in their core markets of China and the US and combined with running a New Zealand company based in Australia meant it would be too difficult to manage.

A2 Milk chairman David Hearn said there were no changes to profit forecasts.

Shares in The A2 Milk Company (ASX:A2M) last traded 4.8 per cent lower at $13.84.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.