Bubs Australia backs current board, to name new CEO in August

Bubs Australia

27/07/2023 03:00

July 27 (Reuters) - Shareholders of Bubs Australia
 BUB.AX  on Thursday backed current head Katrina Rathie as the
infant formula maker's non-executive chair with the company now
expecting to announce a new CEO in August.
    A group of dissident shareholders, who control 5.04% of the
company, were seeking to remove all the four non-executive
directors in a campaign dubbed "Save Our Bubs" while nominating
former A2 Milk  ATM.NZ  Asia head Peter Nathan to be the new
chief. 
    

    

 (Reporting by Rishav Chatterjee in Bengaluru; Editing by Sherry
Jacob-Phillips)
 ((Rishav.Chatterjee@thomsonreuters.com;))