Laura McBain
| Laura McBain | |
|---|---|
| Born |
Laura Nelson Sydney, New South Wales, Australia |
| Residence | Launceston, Tasmania |
| Nationality | Australian |
| Alma mater | University of New South Wales and University of Tasmania |
| Known for | CEO of Bellamy's Organic |
| Title | CEO of Bellamy's Organic and Managing Director of Bellamy's Australia |
Laura McBain is an Australian business woman and media commentator. She is the former CEO and Managing Director of Bellamy's Australia and is known for her leading role in transforming family-run Tasmanian business Bellamy's Organic into a major Australian and international organic food producer.
Born and raised in Sydney, New South Wales, McBain worked for a number of years as an accountant with Crowe Horwath (formerly WHK) and regional accounting firms in Launceston, while completing bachelor's degrees in Commerce and Business at the University of New South Wales and the University of Tasmania; and in 2013 completed the IMD Leadership Challenge.
Prior to joining Bellamy's Organic Laura McBain practised as an accountant, specialising in the provision of business advisory and taxation services. She joined the then-struggling Launceston-based food and baby formula company in 2007 as General Manager just prior to the buyout of the family owned business by Tasmanian Pure Foods.
McBain is widely credited as recognising the potential for Bellamy’s in the nascent Chinese organic infant food and formula market, making the decision that turned the company into a major Chinese food brand. With McBain as General Manager, the company reported a growth rate of 70% per annum over the period 2008 to 2013, with revenue growing by 900% over those five years to reach an estimated $50 million in the 2014 financial year. Latest company reporting has the business forecasting increased sales to China of 264% in FY2015.
In June 2014 Tasmanian Pure Foods was renamed Bellamy's Australia with McBain subsequently appointed as Managing Director and Chief Executive Officer. Following a highly successful July 2014 IPO, Bellamy’s Australia Limited (BAL) listed on the Australian Stock Exchange (ASX) in August 2014.
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