Foster's Group Limited (Foster's) today appointed Angus McKay to the role of Chief Financial Officer (CFO), effective immediately. Previously Finance Director, Foster’s Australia, Asia and Pacific, Angus succeeds Pete Scott, who announced his intention to retire in August last year.

Angus brings to the role over 20 years of Australian and international experience in senior corporate finance roles at Fonterra, Diageo and IBM Australia. He joined Foster’s four years ago and has held the positions of Vice President, Foster's Corporate and Finance Director, Carlton & United Beverages Ltd.

"I am delighted to promote Angus to the role of CFO and welcome him to the Foster’s executive leadership team", said Chief Executive Officer, Trevor O’Hoy. "His broad financial experience, international drinks industry expertise and intimate knowledge of Foster’s business make him an outstanding appointment.”

“Angus has shown a passion for this business and our industry, and demonstrated the leadership necessary to excel in the CFO role”, Trevor said.

“After four years in the Australian and Asia Pacific business, I’m looking forward to the expanded scope of the CFO role”, Angus said. “Foster’s is a great drinks business and I welcome the challenge of continuing to drive strong financial returns.”

Angus will be based at Foster’s head office in Melbourne, Australia.

A brief biography is attached to this announcement.

Further information:

Media
Troy Hey
Tel: +61 3 9633 2085
Mob: +61 409 709 126

Investors 
Chris Knorr 
Tel: +61 3 9633 2685 
Mob: +61 417 033 623