Treasury Wine Estates announced the resignation of CEO, Tim Ford, with news the CEO of Lion, Tim Fischer, will replace him from 27 October. Ford has been at TWE for 14 years, five as CEO and managing director. Fischer will receive a $4 million sign-on fee as compensation for forgoing incentives with Lion. Read more
Norco raised $87,913 for the Black Dog Institute through a campaign with Coles, which saw five cents from every Norco two litre milk sold in March and April donated to the institute.
University of the Sunshine Coast researchers have identified a nutrient-rich product, ‘bee glue’, in honeybee hives across Australia that could generate a new homegrown health industry.
Mesh bags (known as BESE bags) made from biopolymers and 100 per cent sustainably sourced vegetation are being tested to see if they can grow oyster clusters for shellfish restoration in Australia as part of the National Landcare Program.
The outcome of Bubs Australia’s EGM on 27 July was a “clear vote of confidence” and “strong endorsement” of the current board and its business strategy, chair Katrina Rathie said.
Bubs Australia will face significant issues, challenges, and opportunities regardless of the outcome of today’s extraordinary meeting, chair Katrina Rathie said in her shareholder presentation, released just as the EGM got underway.
The Sunshine Coast’s Food & Agribusiness Network (FAN) has appointed Nicole McNaughton as CEO. McNaughton joined FAN in 2018 and has been acting CEO since late 2022.
With the alternative protein sector having grown tenfold in recent years and only being set to continue, the gaps and bottlenecks that exist in the emerging industry’s supply chain become more apparent.
Asahi Beverages is now powering the production of some of its most popular beverage ranges by purchasing 40,000 megawatt hours per year from a solar farm in Clermont, Queensland.
Health food brand Bounce Foods has gone into voluntary administration, with all staff stood down and administrators appointed. The company was founded in 2004 and had a failed launch into the US in 2016.
The ACCC is considering concerns raised about Coles’ proposed acquisition of two Saputo milk processing plants. In particular, the major structural change that would be caused by a supermarket owning and operating its own milk processing facilities.
Plant-based infant formula company Sprout Organic has launched a fundraising campaign through Birchal, opening to investors and shareholders following its global expansion into Saudi Arabia and Malaysia in February.
Enel X Australia has been awarded $3.7 million from the Australian Renewable Energy Agency (ARENA) to support flexible demand solutions in the small commercial and industrial refrigeration sectors.
Recruitment industry body RCSA says its latest Job Index report shows a 0.6 per cent dip in job ads but the next three months will be critical in whether external pressures cause a more severe decline.
Experience has shown that subject to coherent capturing of KPIs for monitoring, a KPI system contributes to increasing process reliability and optimising equipment availability. It also provides a consolidated view of the TOP 5 KPI clusters including target values, actual values, and target achievement levels.
Former Bellamy's director Jan Cameron's Elsie Cameron Foundation has saved Tribe Breweries from voluntary administration, with Heath Baker appointed CEO.
Wide Open Agriculture says a $5 million grant from the Western Australian government’s Investment Attraction Fund will be used to establish a production facility for its Buntine Protein enhanced oat milk.