Goodman Fielder has announced the appointment of a new CEO following the resignation of Chris Delaney.

The news came with the announcement the takeover of the Australia-based business by Singapore agribusiness Wilmar International and Hong Kong investment fund First Pacific has been implemented.

Delaney is to be replaced by Scott Weitemeyer, who was CEO of Wilmar Sugar Australia. He will also assume the position of managing director of the company. 

“We would like to thank Chris for his substantial contribution to Goodman Fielder and particularly for his leadership of the company during a period of significant transformation of the business,” said Robin Nicholson, chairman of Goodman Fielder.

“Scott will work with the dedicated team at Goodman Fielder to begin building a leading Asia Pacific consumer foods business.”

Goodman Fielder shares trading in Australia and New Zealand are expected to be delisted tomorrow (19 March).

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By GlobalData