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Ridley Corporation Announces CFO Transition Amid Acquisition Plans

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Ridley Corporation Announces CFO Transition Amid Acquisition Plans

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The latest announcement is out from Ridley Corporation Limited ( (AU:RIC) ).

Ridley Corporation Limited has announced a transition in its Chief Financial Officer (CFO) position as it prepares to acquire the Incitec Pivot Fertilisers distribution business. Richard Betts, the current CFO, will step down after a transition period, with Chris Opperman set to take over by the end of 2025. Opperman’s extensive experience with Incitec Pivot Limited and his specific knowledge of the IPF business are expected to support Ridley’s growth and integration efforts.

The most recent analyst rating on (AU:RIC) stock is a Buy with a A$2.54 price target. To see the full list of analyst forecasts on Ridley Corporation Limited stock, see the AU:RIC Stock Forecast page.

More about Ridley Corporation Limited

Ridley Corporation Limited is a diversified Australian agricultural services company, focusing on the production and distribution of animal nutrition solutions.

Average Trading Volume: 533,362

Technical Sentiment Signal: Buy

Current Market Cap: A$1.07B

See more insights into RIC stock on TipRanks’ Stock Analysis page.

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