Doug Bygrave has been appointed chief financial officer of T&G Global.
Bygrave will assume the role on 1 March (2021). He will succeed Bastian von Streit, who is returning home to Germany to take up the position of chief financial officer - global produce at T&G's parent company BayWa AG.
Bygrave currently serves as T&G's secretary, with additional responsibility for risk and treasury. He has been with the New Zealand-headquartered company for over 24 years.
T&G's chief executive, Gareth Edgecombe, said Bygrave’s extensive commercial acumen and deep knowledge of the internal and external dynamics of the business will be a great addition to the company’s executive team.
“Doug has a strong understanding of how T&G operates and is fully committed to our success,” Edgecombe explained.
“His integrity and ability to cut through data to get to the truth of performance is highly valued by myself and the board, and his recent work leading our three-year global strategic planning process and cost reduction programme has proven him to be a strong internal successor,” says Gareth.
Edgecombe also recognised the contribution von Streit made to the company.
“Since joining T&G in October 2018 as we were embarking on our transformation, Bastian has helped improve the underlying performance of the business,” Edgecombe said.
“Under his leadership, we have freed up capital to invest in growth areas, strategically acquired Freshmax New Zealand and transformed our finance function. Bastian’s contribution has helped create a strong financial platform for our future success, and we greatly look forward to working closely with him in his new role with BayWa AG.”