Andrew MacPherson to be appointed CEO of Teys beef processing business

Andrew MacPherson to be appointed CEO of Teys beef processing business

BRISBANE, 9 October 2025 - Cargill has announced that it will appoint Andrew MacPherson as the future Chief Executive Officer of Teys. Andrew will be based in Brisbane, Australia and responsible for driving Teys operations as a leading provider of healthy, high-quality Australian beef products and a buyer of Australian livestock destined for local and international customers.

Andrew will assume the leadership role following completion of the change of ownership to Cargill, announced in June 2025 subject to applicable regulatory approvals. Until the ownership change, Brad Teys will continue to serve as CEO building on a 14-year venture partnership between Cargill and the Teys family.

Andrew will bring extensive expertise in the global food and agribusiness sector, underpinned by a distinguished track record in strategic leadership, operational excellence, and innovation within the Australian beef industry. Over an 18-year tenure with Cargill Beef Australia, he was instrumental in the establishment of the Cargill-Teys joint venture. Andrew served as Teys' Chief Executive Officer from 2021 to 2023, successfully guiding the company through a significant phase of transformation, driving diversification initiatives and positioning the business for longterm, sustainable growth.

"I would like to thank Brad for his leadership and vision as Executive Chairman of Teys for the past 14 years," said Jon Nash, Executive Vice President and Leader of Cargill's Food Enterprise. "Under his leadership, Cargill worked alongside the Teys family to build Teys as a globally recognized brand and a leading processor and exporter of premium Australian beef. Together, we laid the foundation for Teys' continued growth and success. With Andrew taking over the reins, I am confident in Teys' future as a world-class beef processing business for our customers and for our people."

"It has been an honour to lead Teys and work alongside our dedicated people and partners," said Brad Teys, outgoing Teys Executive Chairman. "We are proud of what we've built together and I'm confident that under Cargill's stewardship, Teys will continue to thrive and uphold the values that have defined us."

Teys currently employs 5,000 people across its two primary operating companies, Teys Australia and Teys USA.

About Cargill

Cargill is committed to providing food, ingredients, agricultural solutions, and industrial products to nourish the world in a safe, responsible, and sustainable way. Sitting at the heart of the supply chain, we partner with farmers and customers to source, make and deliver products that are vital for living.

Our 155K+ employees innovate with purpose, providing customers with life's essentials so businesses can grow, communities prosper, and consumers live well. With 160 years of experience as a family company, we look ahead while remaining true to our values. We put people first. We reach higher. We do the right thing-today and for generations to come. For more information, visit Cargill.com and our News Center.

About Teys

Since 1946, Teys has been delivering the best Aussie beef to our customers in Australia and around the world. Today, we offer a wide range of fresh beef, multi protein and value-added product solutions for retail, foodservice or manufacturing. For more information, visit au.teysgroup.com.