Changes are taking place among the membership of the board of directors for Australia-based poultry and feed company Ingham’s Group.
The company announced the addition of Mike Ihlein as a member of its board of directors, and the retirement of Ricky Lau.
Ihlein brings to the board a long history as a corporate and financial executive. He currently serves on the boards of Scentre Group, CSR Limited and Kilfinan Australia.
During his career, worked with Coca-Cola Amatil, serving as the managing director, Poland, from 1995 to 1997. He was promoted to chief financial officer and executive director, positions he held until 2004. He joined Brambles Limited, where he was also chief financial officer and executive director from 2004 to 2004, before being named chief executive officer, a position he held until his retirement in 2009.
Ihlein is a graduate of the University of Technology, Sydney. He is a fellow of the Australian Institute of Company Directors, CPA Australia, and the Financial Services Institute of Australasia. He was formerly a director of Murray Goulburn Cooperative from 2012 to 2017, and of Snowy Hydro Limited from 2012 to 2019.
Lau’s retirement from the Ingham’s board is effective June 30, 2020. He has served on the board for seven years.
“Ricky joined the board in 2013. He has provided a stable influence on the board through the ownership of TPG, listing of the company in 2016, and the 3.5 years following listing. I would like to thank Ricky for his contribution to Ingham’s and to the board,” said Ingham’s Chairman Peter Bush.
Lau is presently a senior adviser of TPG, based in Hong Kong. He has been with TPG since 1998. Prior to joining TPG, he was responsible for the corporate and project finance division of Hopewell Holdings, a regional infrastructure project developer.
Headquartered in Liverpool, Australia, Ingham’s supplies about 40% of the domestic poultry market. With operations in both Australia and New Zealand, the company operates more than 340 vertically integrated facilities, 74 breeding farms, 225 broiler farms and nine distribution centers. It also has numerous feed mills, hatcheries, processing and further processing plants, according to the WATTAgNet Top Poultry Companies Database.
Ingham’s is both the second largest poultry company and feed company in Australia.