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Karl Gradon has resigned as CEO of Miraka, effective immediately, citing personal and family reasons. The announcement was made by Miraka chair Bruce Scott, marking the end of Gradon's three-year tenure at the helm of the dairy cooperative.

Scott highlighted the pivotal role Gradon played in steering Miraka through a transformative period, stating: “After careful consideration, CEO Karl Gradon has decided for personal and family reasons to step down from the role of chief executive officer”.

He acknowledged that much of the company’s recent growth and strategic advancements were attributable to Gradon’s leadership during challenging economic conditions.

Under Gradon's guidance, Miraka undertook a comprehensive reorganisation aimed at establishing a sustainable business model that aligns with the long-term vision set forth by its founders and shareholders.

“Gradon has successfully navigated Miraka through a significant period of change, leading the reorganisation of the business to set Miraka up for long-term, intergenerational success,” Scott noted.

Gradon’s tenure was marked by a strategic pivot from a singular product focus to a more diversified portfolio centered on value-added offerings. This diversification not only enhanced customer engagement but also fortified Miraka’s position within the competitive dairy supply landscape.

Scott highlighted Gradon’s success in protecting and growing milk supply while simultaneously improving supplier relations, all while adhering to Miraka’s core values and principles, known as Tikanga Miraka.

The resignation comes at a time when the global dairy industry faces numerous headwinds, including fluctuating market demands and evolving consumer preferences. Miraka’s board has initiated a search for a new CEO, with COO Richard Harding stepping in as acting CEO during this transition.

In his farewell remarks, Gradon expressed pride in the collective achievements of the Miraka team. “I am deeply proud of what we have accomplished together as a whānau and business. I am confident in the company’s continued success,” he commented.

The leadership change at Miraka highlights the ongoing challenges and opportunities within the food and beverage sector, particularly in the dairy segment.

As the company prepares for its next chapter, stakeholders will be keenly observing how the new leadership will navigate the complexities of the industry while maintaining the foundational values that have guided Miraka’s operations.

Miraka claims to be New Zealand's, and the world's, first dairy processing company to use renewable geothermal energy.