CEO resigns, business as usual

VDL. Circular Head Mayor Daryl Quilliam has said the council fully supports Moon Lake Investments following the resignation of VDL Farms chief executive officer David Beca.

Mayor Quilliam said the departure of Mr Beca would not change any direction for the future of the company in Circular Head.

“Council’s relationship with the company is as great as ever and we will be happy to work with the new CEO,” he said.

“I look forward to milk from Circular Head arriving on the shelves of supermarkets in China shortly.”

VDL Farms was formerly known as The Van Diemen’s Land Company. Moon Lake purchased the business and its assets from New Plymouth District Council in New Zealand last March.

Moon Lake announced the resignation of Mr Beca on January 18, thanking him for his significant contribution since his appointment in mid 2015 and particularly during the transition of ownership.

Deputy chairman David Crean said the board had now commenced its search for a new CEO, with business as usual for VDL Farms.

“David will be hard to replace and his resignation is a real loss, but we are pleased he has indicated he will stay on with VDL Farms to assist us with the transition to a new CEO,” Dr Crean said.

He said Moon Lake, through its sister company Van Dairy, is pushing ahead strongly with its plan to export fresh Van Milk directly from Hobart to Ningbo in China, under the partnership announced with Qantas in November 2016.

Mr Beca said he was sad to be leaving VDL Farms, but was doing so because his role had changed from CEO to more that of a chief operating officer following the acquisition by Moon Lake.

“This is an exciting time for VDL Farms,” Mr Beca said.

“VDL is a very special business and I have grown fond of and attached to the people working in the business.

“I am personally proud of the way we have worked through some significant events including the transition of ownership following the acquisition by Moon Lake, a shocking drought and the drop in the milk price in 2016.

“The fact that we are attracting and retaining so many capable and committed people at VDL underpins the ongoing progress being made in delivering higher levels of business performance.”

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