News | Business
3 Jul 2025 7:56
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    A2 Milk's had 860-million-dollars wiped off its value after the shock resignation of its chief executive

    A2 Milk's had 860-million-dollars wiped off its value after the shock resignation of its chief executive


    Chief executive and managing director Jayne Hrdlicka is stepping down after less than 18 months.

    By 10.05, company stock was trading at 14-dollars - down a-dollar-17 from close of trading on Friday.

    Herald Business reporter Jamie Gray says things Hrdlicka did ruffled a few feathers, such as selling shares at inopportune times.

    He says her predecessor, Geoff Babidge, is stepping in immediately as chief executive.

    Gray says Babidge was a popular chief, and he expects company shares to rally behind him.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     02 Jul: Prices for top-end butter are through the roof, with little recourse for shoppers
     02 Jul: Woolworths is recalling potentially plastic-infused mince, sold in its North Island stores
     02 Jul: The Commerce Commission's issued a warning to Foodstuffs North Island, over an alleged breach of the Grocery Supply Code
     02 Jul: Air New Zealand is adding 127-thousand seats to Christchurch for the Special Olympics
     01 Jul: New World is launching a reusable container trial in September
     01 Jul: The economy's inching closer to recovery - but hurdles persist
     01 Jul: Businesses still see hope on the horizon, but recovery still remains slower than expected
     Top Stories

    RUGBY RUGBY
    The Junior Tall Blacks have advanced to the last eight of the under-19 basketball World Cup for the first time More...


    BUSINESS BUSINESS
    Prices for top-end butter are through the roof, with little recourse for shoppers More...



     Today's News

    Law and Order:
    Police are still piecing together what happened to a newborn baby, found dead in a wheelie bin in Auckland on Tuesday night 7:47

    Environment:
    People are already leaving their homes at the top of the South Island, as the flood-hit region faces another round of heavy rain 7:47

    Law and Order:
    Sean "Diddy" Combs has been found not guilty of racketeering and sex trafficking, but convicted of a less serious prostitution charge 7:37

    Entertainment:
    Juliet Stevenson paints to switch off her brain 7:36

    Cycling:
    Laurence Pithie's about to enter the pinnacle of professional cycling 7:27

    Law and Order:
    Sean 'Diddy' Combs found not guilty of sex trafficking and racketeering but guilty of transport for prostitution 7:27

    International:
    Paramount settles legal battle with Donald Trump over Kamala Harris interview 7:27

    Basketball:
    The Junior Tall Blacks have advanced to the last eight of the under-19 basketball World Cup for the first time 7:17

    Entertainment:
    Queen Latifah's first paycheque was "87 bucks" from Burger King 7:06

    Environment:
    Some parts of the country are bracing for more heavy weather, less than a week on from severe flooding 6:57


     News Search






    Power Search


    © 2025 New Zealand City Ltd