PriceSensitive

Murray River Organics Group’s (ASX:MRG) CEO and Managing Director resigns

Consumer Discretionary
ASX:MRG
15 January 2021 15:00 (AEST)
Murray River Organics (ASX:MRG) - Departing Managing Director & CEO, Valentina Tripp

Source: Food Magazine

Murray River Organics Group’s (MRG) CEO and Managing Director Valentina Tripp has resigned, effective today.

MRG is a leading Australian producer, manufacturer, marketer and seller of certified organic, natural and better-for-you food products.

Valentina has resigned from the job after three years to spend time with her family and to look for non-executive opportunities.

She has been with MRG through its turnaround and restructuring phase and the MRG Board has recognised all that she has done for the company.

Notably, Valentina will remain with the company over the next three months to help with the transition.

“We have achieved a lot over the last three years whilst navigating some uncertain external shocks and legacy issues,” she said.

“After three big years, I have decided to take some time out with my family and will be seeking to develop my non-executive career and other opportunities. I want to thank the board and shareholders for their support. I appreciate their
commitment to investing in the emerging organics market,” she added.

Chief Financial Officer Birol Akdogan has stepped up as interim CEO.

“Val is a top 30 shareholder and we are pleased that she has indicated she will continue to invest in MRG’s future,” Chairman Andrew Monk said.

On the market, MRG shares last traded for 1 cent on January 11.

Related News