T&G Global’s chief executive officer Alastair Hulbert has resigned, after five years in charge of the New Zealand-based global produce marketer.
T&G’s board announced Hulbert’s resignation in a New Zealand Stock Exchange (NZX) announcement on Friday (15 December), with his departure taking immediate effect.
The Auckland-based company has installed Thomas Bargetzi, who has worked with majority shareholder BayWa for ten years, as interim CEO, while it conducts “a global search” for Hulbert’s successor.
In the NZX announcement, chairman Klaus J Lutz acknowledged Hulbert’s “significant contribution” to the wider T&G Group during his tenure, and to the global fresh fruit and vegetable business.
Hulbert was promoted to T&G Global CEO in 2013, having run the company on a temporary basis with then-chief financial officer, Harald Hamster-Egerer. Prior to taking on the role, Hulbert had headed up T&G’s international markets after nine years running export subsidiary Delica Global.
Hulbert’s departure came a day after former deputy chairman John Anderson’s formal retirement from T&G’s board.
It also came on the same day T&G announced the appointment of a new director, Ralf Tobias Priske. Priske, who joined BayWa’s legal team in 1998 providing advice across all branches of the company, played a leading role in BayWa’s acquisition of a majority shareholding in T&G in 2012. Priske was appointed BayWa’s company secretary in July 2015 and lives in Rosenheim, near Munich, Germany.