Vitamins group, Blackmores has found a new CEO.
Chairman Brent Wallace yesterday announced that Alastair Symington would be Blackmores’ new CEO from October 1 this year.
Mr. Symington has more than 23 years of consumer goods experience in beauty, health, and grooming having worked at consumer products groups, Nestle, Gillette, Procter & Gamble and Coty across multiple geographies.
Originally from Melbourne and currently based in Dubai, he is a Senior Vice President of Consumer Beauty leading the ALMEA region for Coty – a large manufacturer and retailer of consumer products.
Alastair Symington has a Bachelor of Economics and a Post Graduate Diploma in International Business (Asian Studies) from Monash University and speaks Mandarin.
Blackmores’ shares rose 2.1% to $91.90.
He will be the third CEO in 21 months, four if you include the interim CEO, Marcus Blackmore, who is the son of Blackmores’ founder Maurice Blackmore.
Richard Henfrey resigned unexpectedly in February and then left Blackmores in March. He was named to replace the former CEO, Christine Holgate who is now CEO of Australia Post.
