News | Business
1 Jul 2025 11:04
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
    •    News
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

    •
      Home > News > Business

    A2 Milk's had 860-million-dollars wiped off its value after the shock resignation of its chief executive

    A2 Milk's had 860-million-dollars wiped off its value after the shock resignation of its chief executive


    Chief executive and managing director Jayne Hrdlicka is stepping down after less than 18 months.

    By 10.05, company stock was trading at 14-dollars - down a-dollar-17 from close of trading on Friday.

    Herald Business reporter Jamie Gray says things Hrdlicka did ruffled a few feathers, such as selling shares at inopportune times.

    He says her predecessor, Geoff Babidge, is stepping in immediately as chief executive.

    Gray says Babidge was a popular chief, and he expects company shares to rally behind him.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     01 Jul: China's EV newcomer Xiaomi sells nearly 300,000 SUVs in an hour
     01 Jul: Foodstuffs is trialling the use of reusable plastic deli containers in six stores
     01 Jul: Positive signs when it comes to consumer arrears - but some businesses are still doing it tough
     01 Jul: Experts warn of global economic turmoil ahead of Donald Trump's tariff deadline
     01 Jul: The Finance Minister says changes to the FamilyBoost scheme are on their way
     30 Jun: Transpower's dispelling worries Kiwis might not have enough power next winter
     30 Jun: House prices have remained static since January
     Top Stories

    RUGBY RUGBY
    Levi Aumua is departing the Crusaders after two Super Rugby seasons More...

    BUSINESS BUSINESS
    China's EV newcomer Xiaomi sells nearly 300,000 SUVs in an hour More...


     Today's News

    		 Cricket:
    Black Cap Ish Sodhi's desperate to show his spinning evolution after earning a reprieve under incoming coach Rob Walter 10:47

     Environment:
    Warmer seas are fuelling the dangerous ‘weather bomb’ about to hit NSW 10:37

     National:
    Understanding the ‘Slopocene’: how the failures of AI can reveal its inner workings 10:27

     Rugby League:
    Warriors' reserve grade play-maker Tanah Boyd views himself as a logical replacement for injured halfback Luke Metcalf 10:27

     National:
    Sudan: foreign interests are deepening a devastating war – only regional diplomacy can stop them 10:17

     Law and Order:
    A 31-year-old man's been charged with wounding with intent to cause grievous bodily harm in relation to a homicide investigation in South Auckland's Otahuhu 10:07

     Soccer:
    All Whites striker Ben Waine has completed a move from the south of England to the Midlands 10:07

     Motoring:
    What’s at risk for Arctic wildlife if Trump expands oil drilling in the fragile National Petroleum Reserve-Alaska 10:07

     Law and Order:
    The jury is deliberating on the fate of Sean 'Diddy' Combs. Here's a recap of the trial 9:57

     Environment:
    A young Motueka family's lost their home to severe flooding in Tasman's Motueka Valley 9:27

     News Search




    Power Search

    © 2025 New Zealand City Ltd