Maryborough Sugar CEO Mike Barry will step down at the end of this year’s crushing season in November. He will guide his replacement through the job before leaving. He and his family are thinking of heading to either Melbourne or Sydney.
Maryborough Sugar CEO Mike Barry will step down at the end of this year’s crushing season in November. He will guide his replacement through the job before leaving. He and his family are thinking of heading to either Melbourne or Sydney. File

CEO moves to sweeter pastures

A LOT has changed in the five years Mike Barry has been the CEO of MSF Sugar.

The company has grown immensely and he has played a huge part in developing what was a single mill operation into a globally competitive enterprise.

The company has expanded greatly, with four sugar mills in three regions, a significant investment in Sugar Terminals Ltd and large sugar plantation operations as well as raw sugar marketing, pricing and hedging capabilities.

So why has Mr Barry decided it's time to leave?

His simple answer is that now is the right time to ease someone new into the role of managing a more geographically diverse business.

Mr Barry will step down from the position in November at the end of this year's crushing season, but will stay on until his successor learns the ropes.

The decision to move the main offices of the business to North Queensland, where the majority of the company is now based, may have played a role in Mr Barry's decision.

But he said it made sense to base the operation out of North Queensland.

Mr Barry said it had been personally satisfying to see the business grow.

With the company now spread over a diverse range of geographic areas, it was important for the company to recruit someone suited to taking on the role, he said.

Now was a good time for him to hand over control of the company to a new CEO who could take the company through to its new phase of evolution.

As for Mr Barry, he says Sydney or Melbourne are likely destinations for him and his family.



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