Australian Agricultural Company Limited’s (AACo) chief operating officer, Troy Setter, is leaving the company and taking on a position at rival firm, Consolidated Pastoral Company (CPC).
Setter will be chief operating officer at CPC, one of Australia’s largest beef producers with approximately 360,000 head of cattle across 5.6 million hectares of land.
“I am excited about joining CPC, a business with a great reputation in the industry and significant potential. It is a great time to be joining CPC where the business is very well positioned and focused on taking advantage of increased global demand for beef. I look forward to joining and working with Keith and the team,” Setter said.
During his time at AACo, Setter successfully executed a three year strategic plan to restructure its operations and diversify sales to new markets, invest in and divest assets, develop and implement the genetic improvement strategy and increase profitability and herd size.
Keith Warren, chief executive of CPC, said “I am delighted to welcome Troy to the team. He has extensive management experience in agribusiness and has successfully led complex projects within our industry. Troy’s operational skill will be invaluable as the company develops into an operations driven market led beef company.”
AACo has announced Setter’s position will no longer exist and his responsibilities will be reallocated amongst its “leadership team.”