Bubs Australia appoints Joe Coote as CEO, replacing Reg Weine. Coote brings over 20 years of FMCG experience, including at Darigold and Fonterra. Coote aims to lead growth domestically and internationally, focusing on premium infant nutrition products. He will earn A$750,000 annually.

Bubs Australia reports 2025 fiscal year unaudited financial results. Revenue increased by 29% to A$102.5m, but gross profit margin dropped to 47.2%. US market saw 52% revenue growth, China had a 22% increase, and other international markets grew by 44%. Company projects EBITDA of A$5.5m to A$6m.

Coote expresses excitement to lead Bubs team and build a world-class infant nutrition brand. He plans to leverage his global brand-building experience to enhance shareholder value. The company, established in 2006, produces premium infant formulas and organic baby food. Coote aims to drive operational excellence and expand product portfolio globally.

Read more at Yahoo Finance: Bubs Australia appoints former Fonterra executive as new CEO