George Weston Foods (GWF) has appointed former Fairfax Media exec, Lorna Raine, as its new chief financial officer.
Raine has extensive experience in senior executive finance and leadership roles for multinational consumer, media and quick service businesses, according to GWF.
She replaces David Wallace who was appointed managing director, MAURI anz, a new entity formed from a merger of GWFs Weston Milling business and AB Mauri’s Australia & New Zealand operations.
Raine was most recently a senior finance executive at Fairfax Media, and prior to this held senior management roles with Yum! Restaurants International, including the role of general manager operations at KFC.
Before relocating to Australia, Raine held the position of chief financial officer for McDonald’s South Africa, and she is also currently a non-executive director on the board of Dick Smith.
Raine is tasked with leading GWF's financial strategy and managing performance measures across its four business units: Tip Top Bakeries, Don, Mauri ANZ and Jasol.
GWF Chief Executive Andrew Reeves said Raine's impressive track record in senior executive finance roles made her an ideal leader to contribute to the growth and next iteration of GWF.
“In addition, her long history and passion for consumer and quick service businesses, both in Australia and overseas, further emphasises that Lorna is a great fit for us,” he said.
Raine said: “I’m delighted to formally join the George Weston Foods team as dhief financial officer. GWF is an impressive organisation and a strong constituent of Associated British Foods (ABF) – a hugely successful international food, ingredients and retail group in 46 countries.
“The local subsidiary is lead by very talented individuals doing great things in their respective categories and I look forward to assisting them on their journeys.”
