Select Harvests CEO David Surveyor to Step Down After Transformation Drive

The latest announcement is out from Select Harvests ( (AU:SHV) ).

Select Harvests has announced the resignation of Chief Executive Officer and Managing Director David Surveyor, who informed the board he will step down after serving since early 2023. The company will commence a search for his successor, with Surveyor to remain for a six‑month notice period to support an orderly leadership transition.

During Surveyor’s tenure, Select Harvests executed a significant operational and financial turnaround, moving from a substantial loss in FY23 to a NPAT of $31.8 million in FY25. The period also saw notable gains in safety metrics, employee engagement and efficiency across horticulture, processing and sales, as well as recognition as Regional Exporter of the Year, leaving a strengthened executive team and operational platform for future growth.

The most recent analyst rating on (AU:SHV) stock is a Buy with a A$4.50 price target. To see the full list of analyst forecasts on Select Harvests stock, see the AU:SHV Stock Forecast page.

More about Select Harvests

Select Harvests Limited is an ASX-listed, fully integrated almond producer headquartered in Melbourne, operating orchards across North West Victoria, Southern New South Wales and South Australia. The company manages primary hulling and shelling and secondary value-added processing at its Carina West facility, supplying almonds and derived products to domestic and international supermarkets, health food stores, food manufacturers, retailers and the global almond trade.

As one of Australia’s largest almond companies, Select Harvests focuses on both scale and value-add, combining ownership, leasing, joint ventures and managed orchards to secure supply. Its processing capabilities span blanching, roasting, slicing, dicing, meal and paste production, supporting its positioning as a major exporter and a key player in regional agribusiness and food manufacturing markets.

Average Trading Volume: 398,101

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$554.2M

For a thorough assessment of SHV stock, go to TipRanks’ Stock Analysis page.