A2 Milk shares sink after CEO resigns - News Summed Up

A2 Milk shares sink after CEO resigns


Shares in A2 Milk Company have tumbled more than 6 per cent after the surprise resignation of its chief executive Jayne Hrdlicka. Board members rushed to assure analysts and shareholders that Hrdlicka was leaving because of the demands of travel on her personal life. "During this phase, the board considers it is highly desirable to have continuity and consistency of CEO leadership. In a statement, Hrdlicka said she was delighted with the progress A2 had made but the travel demands were greater than she had anticipated when she had joined. ​Prior to joining the company, Hrdlicka was chief executive at Australian budget airline Jetstar for five years, having previously led the business transformation at Qantas from 2010 to 2012.


Source: Stuff December 08, 2019 20:37 UTC



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