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Bubs Australia appoints Dennis Lin as Executive Chairman

ASX News
ASX:BUB      MCAP $129.3M
22 October 2019 21:59 (AEST)

Bubs Australia has appointed Dennis Lin as Executive Chairman of the company effective immediately.

Dennis joined Bubs in January 2017 when the company was re-listed on the ASX and was then appointed Non-Executive Chairman in August of the same year.

Dennis has practised as a chartered accountant and solicitor in leading professional firms where he specialised in commercial transactions, mergers and acquisitions, and market activities between Australia and China.

Following his retirement from the partnership of BDO Australia, he remains a Strategic Advisor with the firm.

Upon his appointment, Dennis commented that he is honoured to be appointed as Executive Chairman.

“Great progress has been made in realising the Company’s vision. There are many more opportunities ahead and I look forward to working with Kristy [CEO] and the Bubs team to capitalise on them,” he said.

Speaking of Dennis’ appointment CEO and Executive Director Kristy Carr is pleased to have someone of his calibre step into the role.

“The Board is unanimous in supporting this appointment of Dennis as Executive Chair as it secures Dennis’ instrumental skill set for the company, and closely aligns his role with our future performance,” she said.

“Dennis has been the architect behind our approach to mergers and acquisitions, and the formation of our strategic partnerships. Our China business has grown significantly thanks to his input and we expect it will continue to do so,” she added.

Shares in Bubs Australia are down 2.49 per cent and trading for $1.18 apiece at 3:33 pm AEDT.

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