Freshmax founding directors John Scott and Chairman David Smith will step back from Freshmax board responsibilities after 30 years in their various roles.
They will remain key shareholders, via their holding company FIL, which owns 20% of Freshmax Group Pty Ltd. Former Group CFO, Helen Waterworth will act as the board representative for all FIL shareholders moving forward.
Freshmax recently sold its significant vertically integrated Hawkes Bay pip-fruit business to GTP Orchards and is now focused on developing the International and Australian trading businesses of Valleyfresh, DBM, BerryCo, Innovar and Freshmax NZ, Freshmax National and Freshmax Wholesale.
The group has a T/O of more than $350m with international offices though out Australia, North America, Chile, Peru and New Zealand.
Comment from David Smith - Departing Chairman
“I have loved my time at the top of this little fruit tree, but it's now time for the younger team to take over and build the businesses across our selected category range. We thank grower suppliers, service providers, customers, and our wonderful loyal staff for their continued support over the past 30 years and into the future.”
The company remains committed to developing its role within key fruit categories, with a particular focus on the Asian export and Australian domestic markets.
The Group has appointed Glenn Wallace as its new chairman. Glenn has been a member of the Freshmax Board for many years and brings deep experience and strong industry knowledge to this role. Maui Capital continues to be represented at a board level by Brent Lawgun.
Comment from Murray McCallum - Group CEO
"I speak on behalf of the whole business, past and present when I thank David and John for their incredible commitment and leadership to Freshmax through the years. We wish them all the best in their next projects, and look to the future positively.”
For more information:
Matthew Crouch
Freshmax
Tel: +61420411885
www.freshmax.group
