Australia’s Foster’s says CEO to leave after demerger

MELBOURNE (BestGrowthStock) – Foster’s Group (FGL.AX: ), Australia’s largest brewer, said its Chief Executive Ian Johnston will leave the group if the company’s plan to split its beer and wine operations proceeds in the first half of 2011.

(Reporting by Victoria Thieberger; editing by Balazs Koranyi)

Australia’s Foster’s says CEO to leave after demerger