New CFO announced for a2 Milk Company

New Zealand-based A1 protein-free milk company a2 Milk Company has advised that its Chief Financial Officer, Craig Louttit, has chosen to step back from the role to spend more time with his young family. Race Strauss has been chosen to take on the role as CFO during the second half of FY20.

Strauss had previously worked for 20 years at Unilever where he held a variety of relevant and senior roles including at a stint at Unilever’s ice-cream business in China, as well as senior finance and strategy roles in South East Asia and Australasia and Unilever’s Global Mergers and Acquisition team based in the UK. More recently he had been the CFO for Qantas Airlines.

Louttit will remain with the company as the Deputy CFO and was acknowledged for his contribution to the company since commencing his role in April 2014. During this period a2 Milk Company has transitioned to become dual listed in Australia in 2015 and, more recently, moved into the ASX 100.

Commenting on Louttit’s new role and Strauss’s appointment, Managing Director and CEO Jayne Hrdlicka said: “Craig has been an outstanding member of our senior leadership team for many years and has been instrumental in the company achieving the results it has over recent years.  I am also delighted that we have filled the CFO role with someone of Race Strauss’s calibre and experience as we continue our growth journey.”

Louttit will remain in the role of CFO until Strauss joins the company.

Image credit: ©stock.adobe.com/au/dubova