Paradise Foods Limited Appoints First National CEO after 90 Years of Business in PNG
Paradise Foods Limited Appoints First National CEO after 90 Years of Business in PNG
Paradise Foods Limited, the oldest established food manufacturing business in PNG has finally appointed a permanent national CEO.
Michael Penrose |
Despite its colorful 90-year history in PNG, its former CEOs were all expatriates.
It changed this year with the recent appointment of Michael Penrose
Chairman of the Board of Paradise Company Limited, Anthony Smaré made the announcement recently.
“After an extensive, objective, and diligent international CEO search process, I am pleased to announce the appointment of Mr. Michael Penrose as Group CEO for Paradise Company Limited.
"He was selected on merit as the best candidate by the board and the HR search firm that was used" Mr Smare stated in a statement released by the company
Mr. Penrose will commence as CEO on 3 January 2022, taking over from interim CEO, Mr. Ben Wong who will revert to his substantive role as Chief Financial Officer after he was pushed up to the role of acting CEO when former CEO James Rice left earlier this year.
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