New Zealand’s Sanford announces resignation of CEO Peter Reidie

Auckland: Apna Punjab Media: Auckland, New Zealand-based fishing firm Sanford Limited has announced the resignation of its CEO, Peter Reidie.
Reidie resigned 1 August, and Sanford Board Member Craig Ellison has been appointed interim CEO, while remaining a part of the board. Sanford’s board has commenced a search for a new permanent CEO, according to Sanford Chairman Rob McLeod.
I thank Peter for his dedication and leadership at Sanford during a period of extremely challenging local and international business conditions,” McLeod said. “These include a very challenging marketplace, the supply chain and other disruptions bequeathed by the Covid pandemic, labor shortages, persistently high inflation and geopolitical instability. Peter has successfully led our company through these challenges and out the other side. Peter has become a good friend of mine and I’ve enjoyed working with him. I wish him all the best for the future.”
Reidie started as Sanford’s CEO in December 2020, three months after longtime CEO Volker Kuntzsch stepped down from the position. Reidie had previously been CEO of the Farmlands Cooperative Society, a New Zealand farming cooperative, for five years, and prior to that, managing director for Australia and New Zealand at food manufacturer Goodman Fielder. Reidie will remain with Sanford on a contract basis to assist with the handover and “to consult on some key projects,” according to Sanford.