Birol Akdogan has been appointed CEO and Managing director of Murray River Organics (MRG) following a review by the Board on Friday 5 March.
Akdogan was previously functioning as the interim CEO of MRG since 15 January 2021 and prior to that worked as MRG’s chief financial officer (CFO).
Andrew Monk, MRG Chairman said, “We believe that Birol has the necessary vision and skills to navigate MRO through the next evolution of our business. His experience in tight cost control management in the FMCG market sector and his M&A experience in a large international company combine to give him the skill set to progress MRO’s strategic plans”.
With experience working in numerous ASX listed companies including as vice president of finance at Ansell Ltd and CFO of CPI Group Ltd, Akdogan has over 25 years’ experience in the industry.
“I am excited about the challenges that this opportunity affords me and look forward to reshaping the business to deliver value and profitability to shareholders and to see our branded products grow and gain even more recognition on the shelves of our supermarkets and health stores,” said Akdogan.
In line with employments agreement announced at the Half Year results to the ASX last week, Managing Directors and Board non-executive remuneration will receive a 20-25% cut.
This cut aims to increase resources available to the business for growth, promotion and development of new products.