Fresh produce powerhouse Costa CEO in shock exit

“We understand that the last two years, particularly in Victoria, have taken a large toll on the business and personal lives of individuals,” Chatfield said.

Former chief executive Harry Debney, a non-executive director, will immediately step in as interim chief executive while the $1.2 billion company conducts its search for a permanent chief. Debney was chief executive of Costa for a decade starting from 2010 before announcing his retirement in May 2020.

He oversaw the transition of Costa from a privately owned business to its IPO float on the ASX in 2015.

“Harry has intimate knowledge of the company and is regarded as one of Australia’s leaders in horticulture,” Chatfield said. “Harry is the right person to assist the company as it transitions to a new CEO.”

Hallahan did not respond to requests for comment.

Last month, Hallahan accused Prime Minister Anthony Albanese of not doing more to open up international export markets.

“A whole of government approach is needed to gain access to Japan for eastern seaboard grown avocados,” said Hallahan, adding that this was a federal not a state responsibility.

“If this can occur … it will provide Australian avocado growers an opportunity to supply the Japanese market on an almost year-round basis, something that no other country can do.”

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