Sources close to the company said CBA had clearly communicated to BWX’s bosses – who were hoping for another extension until May – that they had to find a solution quickly and wean themselves off the bank’s largesse, which has included a working capital facility in December.
Why the Murray River Group (ASX:MRG) share price lifted today
Marc Sidarous | March 5, 2021 5:55pm |
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Murray River Organics Pty Ltd (ASX: MRG) share price was trading more than 3% higher at 31 cents when the market closed today.
Shares in the food producer share price rose after the company announced it was selling one of its properties and appointing a new CEO.
Today share price lift compared well against the 0.8% drop in the
CEO appointment
Mr Akdogan has also spent time in the position of group chief financial officer. Before his employment at Murray River Group, he held positions as CFO at
Tripp to remain MRG shareholder
Murray River Organics, an Australia-based dried fruit snacks maker, has announced its CEO and managing director Valentina Tripp has resigned, with immediate effect, after almost three years in the hot seat.
Birol Akdogan, currently the CFO of the Sydney-listed business, will take over the CEO role on an interim basis, effective today (15 January). Tripp has made herself available for three months to assist with the transition as required , Murray River (MRG), which counts Premium Australian Clusters amongst its brands, said in a statement.
Akdogan only joined the business last September having replaced Albert Zago, who left MRG in March 2020 for an unspecified reason.