Ridley Corporation Limited announced the appointment of Mr. Mick McMahon and Mr. Rhys Jones to the Ridley Board effective from 27 August 2020. Mr. McMahon will become the new Ridley Chair on 27 August 2020 following the retirement of current Chair Dr Gary Weiss from the Ridley Board on 26 August 2020 as previously announced. Mr. McMahon is a former Managing Director and CEO of Inghams, led Inghams through its Initial Public Offering (IPO) process and was Executive Chairman of Inghams prior to its IPO. Mick has over 35 years management and director experience, having served as Managing Director and CEO of Skilled Group for five years, Chief Operating Officer of Coles Supermarkets and Managing Director of Coles Express during five years at Coles, and spent nineteen years with Royal Dutch Shell both in Australia and overseas. Mick is a former Non-Executive Director of Metcash Limited and is Chairman of Red Rock Leisure. Mr. Jones has a 30 year career working in the Australasian building, manufacturing and packaging industries. Rhys is currently Executive Director and Chairman of the Executive Board of Vulcan with over 30 business units across Australasia. Rhys is also a Director of Carbine Aginvest (formerly Tru Test Corporation Ltd) and Metro Performance Glass Ltd.
Ridley Corporation Limited is an Australia-based provider of premium animal nutrition solutions. The Company operates through two segments: Packaged Feeds and Ingredients and Bulk Stockfeeds. The Packaged Feeds and Ingredients segment comprises animal nutrition feed and ingredient solutions delivered in packaged form, ranging from one ton down to three kilogram bags. It also includes the Aquafeed Business Unit. The Bulk Stockfeeds segment includes animal nutrition stockfeed solutions delivered in bulk. Its specialist areas include Aqua Feeds, Bulk Ruminant Stockfeeds, Bulk Monogastric Stockfeeds, Animal Proteins & Oils, Commodities, NovaqPro, and Primo Aquaculture. It manufactures and supplies a complete range of prawn/shrimp feeds and fish feeds for species, including Monodon, Vannamei, Banana, and Stylirostris prawns. It is also a provider of dairy feed, cattle feed, and sheep feed. It provides bulk stockfeed for monogastric animals, including layers, broilers, pigs, and ducks.