By Matt Birney for Business News Western Australia
ASX listed Alterra is laying the groundwork for the expansion of its agribusiness with the appointment of veteran agricultural executive Oliver Barnes as the incoming Managing Director to strengthen its executive team.
This follows the successful demerger of its carbon forestry business that it will continue to manage under contract.
Mr Barnes will join the company as an Executive Director with effect from 11 January 2019 and will be appointed as its Managing Director by 2 April 2019, following a notification period.
Andrew McBain will remain as Alterra’s Managing Director until the changeover occurs, after which he will stay on as an Executive Director of the company.