But the former Telstra Businesswoman of the Year this week fell spectacularly from grace after a share market bloodbath wiped more than $770 million from the company's value. Ms McBain resigned as chief executive on Wednesday, as Bellamy's share price continued its grim descent with its lengthy trading halt finally lifted. FROM TASMANIA TO THE WORLDWhen she first joined Bellamy's in 2004, Ms McBain was a young mum enjoying the slower pace of Launceston. As one of the preferred brands of the Chinese personal shoppers known as daigou, Bellamy's products flew off the shelves and its share price soared. The timing of the sell-off, when the share price was still at a reasonably high $14.60, has left investors furious at what they see as a lack of transparency.
Source: New Zealand Herald January 14, 2017 06:15 UTC