Australia-based poultry processor Inghams Group has promoted Edward Alexander, the chief executive of its New Zealand business, to CEO.
Alexander will succeed Andrew Reeves, Inghams’ CEO and managing director, who is set to retire in mid-2025.
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Helen Nash, the chair of Inghams, said: “Andrew has done an exceptional job leading the business since his appointment in early 2021, successfully stabilising the business and optimising its performance.”
Inghams Group reported a 7.2% year-on-year rise in revenue for the fiscal year 2024, reaching AUD3.3bn ($2.1bn).
This growth was driven by an increase in core poultry volume and higher net selling prices. Core poultry volume rose by 2.8% compared to the prior corresponding period. The company’s earnings before interest, tax, depreciation, and amortisation (EBITDA) grew 12.6% to AUD471.1m.
Alexander, who joined Inghams in 2015, was appointed CEO of its New Zealand business in 2022.
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By GlobalDataBefore taking that role, he was chief strategy officer. Prior to joining Inghams, Alexander held roles at Aon Risk Solutions and EY.
Alexander said: “On a personal note, I am very grateful for the mentorship that Andrew has provided me over the last three-and-a-half years, as well giving me the opportunity to step into the role of chief executive of NZ. I have learnt
a great deal from him, and I wish him every future success.”
Nash added: “Under Ed’s leadership, the New Zealand business successfully navigated significant Covid-related operational challenges, with the business achieving remarkable results including materially improving underlying earnings and completing the strategic acquisitions of Bromley Park Hatcheries and Bostock Brothers organic chicken business to improve Inghams’ positioning within the market.”
Reeves’ 40-year career has included stints as CEO of Australia-based food manufacturer George Weston Foods and MD of drinks group Lion Nathan. He joined Inghams three years ago, replacing Jim Leighton.
