Murray River Organics CEO resigns effective immediately

Australian organic food producer, Murray River Organics Group (MRG), has announced the resignation of its CEO and Managing Director Valentina Tripp, effective immediately.

The Board has appointed Chief Financial Officer Birol Akdogan as interim CEO, with Tripp remaining available for the next three months to assist with the transition.

Tripp has been at the helm of MRG for almost three years and has been instrumental as the business undertook a strategic repositioning and restructure.

“I am immensely proud of my time with MRG and the fabulous team who I am confident will take MRG to the next level of growth. We have achieved a lot over the last three years whilst navigating some uncertain external shocks and legacy issues. I am pleased to see our farm portfolio now aligned to our core business model, the launch of our organic Ingredients business and new retail brands and products, and the growth of our Export business.

“The growth of organics is strong and so is MRG’s future. After three big years, I have decided to take some time out with my family and will be seeking to develop my non-executive career and other opportunities. I want to thank the Board and shareholders for their support. I appreciate their commitment to investing in the emerging organics market. The future is organic,” she said.

Chairman of MRG, Andrew Monk, said that during her time with the company, Tripp has led MRG to become a leading organic FMCG business.

“The company is now positioned as a diversified FMCG organic and ‘better-for-you’ food company. Having significantly reduced its risk profile through its asset realisation program and resultant smaller farming operations, MRG has maintained its strengths as an agile, vertically integrated food producer. It has continued to strengthen its diverse global supply chains to enable it to accelerate its future growth,” he said.

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