Australia fruit-and-veg supplier Costa Group is looking for a new CEO as Sean Hallahan steps down. Hallahan has occupied the chief executive seat since March last year when Harry Debney retired and became a non-executive director. Meanwhile, Debney will step in as interim CEO and managing director, another role held by Hallahan, as a search begins for a replacement.
Chairman Neil Chatfield described the last two years as “challenging” for Costa amid the pandemic and “extreme” weather conditions. However, the business swung back to profit in the 2020 fiscal year and then instigated the acquisition of citrus grower 2PH Farms in Central Queensland in 2021.
Chatfield said: “We understand that the last two years, particularly in Victoria, have taken a large toll on the business and personal lives of individuals. Under Sean’s leadership, Costa has performed extremely well during a challenging period with global Covid-19 disruptions and extreme weather conditions being successfully navigated and is in a strong financial position.”
The business farms more than 7,200 hectares and 40 hectares of glasshouses in Australia. It also has a majority holding in a Morocco joint venture with blueberry grower African Blue, numbering six farms. Costa operates another four berry sites in China.
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