Australian food manufacturer Goodman Fielder has announced its CFO David Goldsmith will leave the company.

The Meadow Lea and White Wings manufacturer said on Friday (26 November) that Goldsmith will join private-equity firm TPG as a senior advisor. He will leave the company in February.

Goodman Fielder managing director Peter Margin said: “David has made a significant contribution during his time at Goodman Fielder, particularly in strengthening our financial disciplines around cash flow management. We wish him well in his new undertaking.”