Wednesday 30th Sep, 2020

GrainCorp picks new CEO

GrainCorp shed at the Port of Portland. Photo: David Sexton
GrainCorp shed at the Port of Portland. Photo: David Sexton

The GrainCorp board of directors has appointed a new Chief Executive Officer and Managing Director following the completion of its planned demerger of the company’s malt business.

Robert Spurway, currently the Chief Operating Officer, Global Operations at the Fonterra Co-operative Group, was selected for the role.

Spurway has more than 25 years of experience in the food and dairy industries, including multiple senior operational roles with Fonterra and Goodman Fielder Australia and CEO at Salad Fresh and Mrs Crocket’s Kitchen.

He will relocate from Christchurch, New Zealand, and will begin work in the role following GrainCorp shareholder and Court approval of the demerger of GrainCorp’s Malt business.

GrainCorp Chairman Graham Bradley said the Board was delighted to announce the appointment of Spurway, following an extensive local and international search process.

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“GrainCorp’s Board is very pleased that Robert has accepted the role as the next Managing Director and Chief Executive Officer of GrainCorp after completion of the demerger,” Bradley said.

“Robert is a proven leader who brings extensive experience in the food and dairy industries, both through operational and executive leadership roles.”

“Robert has led complex operational businesses and overseen transformational change programmes which have delivered significant benefits for customers and shareholders. He has a deep understanding of the Australian and New Zealand agricultural industries, which will serve us well as we continue to evolve GrainCorp’s strategy and customer offering.”

Spurway said he is delighted to be joining GrainCorp as CEO.

“GrainCorp is an iconic Australian agribusiness with a long and rich history,” Spurway said.

“I’m looking forward to playing a key role in GrainCorp’s journey as it continues to strengthen its supply chains and deliver for its extensive network of growers and other customers.”

GrainCorp’s current CEO, Mark Palmquist, will become Managing Director and CEO of the Malt business upon a successful demerger vote by GrainCorp shareholders at the company’s next Extraordinary General Meeting.