Australia recorded 49 ASX 200 CFO appointments in 2025, the highest in 7 years. For FMCG, food and beverage and fresh produce boards, the question isn't whether to replace finance leadership. It's why the role keeps turning over.
Australia's food manufacturing sector turned over $173 billion in 2023/24. 40% of the workforce in critical occupations is expected to leave the sector within a decade. Senior supply chain leadership is the gap most boards aren't planning for.
The Mandatory Food and Grocery Code of Conduct is now law in Australia. Penalties reach $10M or 10% of turnover. Most mid-tier FMCG suppliers don't have the leadership capability to navigate what's coming.
74% of Australian food and grocery businesses are investing in generative AI. Coles saved $327 million through machine learning in a single year. FMCG boards are still hiring CEOs without AI literacy on the brief.
Australia’s FMCG sector is running faster than its culture can keep up. This data-driven report exposes how toxic leadership, burnout, and executive turnover are costing billions in lost productivity, innovation, and trust—and why culture is now a core business strategy, not an HR issue.