The a2 Milk Company Limited logo

Leadership changes to USA, ANZ and MVM businesses

Director Departure8 May 2023ATMConsumer Staples

NZX Code: ATM
ASX Code: A2M


The a2 Milk Company Limited

www.thea2milkcompany.com


9 May 2023

NZX/ASX Market Release

Leadership changes to USA, ANZ and MVM businesses

The a2 Milk Company (“the Company”, “a2MC”) remains focused on delivering its refreshed growth strategy,

which includes transforming its supply chain and accelerating the path to profitability for its USA and Mataura

Valley Milk (“MVM”) businesses. In connection with this, a2MC advises of several leadership and organisational

changes to its USA, ANZ and MVM businesses.

In respect of the USA business, Blake Waltrip, Chief Executive – USA, has decided to leave a2MC after seven years

leading the USA business. Kevin Bush, currently Executive General Manager – ANZ, will take over from Blake as

leader of the USA business in the role of Managing Director – USA. Kevin will focus on driving growth through

innovation and accelerating the path to profitability in the USA.

As a result of Kevin Bush’s appointment and relocation to the USA, Eleanor Khor, currently Chief Strategy Officer,

will add to her existing role, taking on the leadership of a2MC’s ANZ business, as Managing Director – ANZ and

Strategy. Eleanor will focus on expanding our business in ANZ through innovation, including realising the full

potential of our new a2 Milk

TM

Lactose free product.

All of these changes to the a2MC Executive Leadership Team level will be effective immediately.

a2MC’s Managing Director and CEO David Bortolussi said, “We thank Blake for his substantial contribution to the

Company over the past seven years. Blake has led the development of our USA business, successfully establishing

the a2 Milk

TM

brand in the market, achieving nationwide distribution and expanding our product offering during

that time. We wish Blake all the best in the next stage of his career. I congratulate Kevin and Eleanor on their new

roles and believe their leadership will make a difference to the growth and performance of our USA and ANZ

businesses going forward”.

In respect of the leadership of MVM, Bernard May, Chief Executive – MVM, has decided to leave MVM after

seven years. John Roberts has been appointed as Interim General Manager MVM to support a2MC’s Chief Supply

Chain Officer, Chopin Zhang, to accelerate the transformation of the Company’s supply chain. The focus will be

on developing the Company’s infant milk formula (IMF) manufacturing capability and utilisation through in-

sourcing certain nutritional products and prioritising new product development at MVM. John Roberts brings

significant IMF manufacturing development and operational experience in New Zealand and China to MVM

having held various leadership and consulting roles over his career at Yashili, Synlait Milk, Food Union, Nuchev,

South Island Dairy and Westland.

David Bortolussi said “Bernard was behind the vision and creation of MVM and played an integral role in bringing

this world-class asset to life with our strategic partner China Animal Husbandry Group (CAHG). On behalf of a2MC

and CAHG, we thank Bernard for his substantial contribution to the business and wish him well for the future.”

In addition to the above leadership changes, several other changes have been announced internally within the

USA and MVM businesses.

2
Authorised for release by

David Bortolussi

Managing Director and Chief Executive Officer

The a2 Milk Company Limited


For further information, please contact:

Investors / Analysts

David Akers

Group Head of Investor Relations and Sustainability

M +61 412 944 577

david.akers@a2milk.com




Anna Guan

Investor Relations Manager

M +61 430 166 872

anna.guan@a2milk.com

Media

Rick Willis

M +61 411 839 344

rick@networkfour.com.au

Media – New Zealand

Barry Akers

M +64 21 571 234

akers@senescallakers.co.nz

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

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