Tuesday, 23 August 2022 15:55

Fonterra announces acting CFO

Written by  Staff Reporters
Dairy co-operative Fonterra has announced that Chris Rowe will take on the role of acting chief financial officer. Dairy co-operative Fonterra has announced that Chris Rowe will take on the role of acting chief financial officer.

Fonterra has announced that Chris Rowe will take over as the co-operative’s acting chief financial officer.

Rowe will replace current chief financial officer Marc Rivers who is leaving the co-op at the end of the year.

Fonterra chief executive Miles Hurrell says Rowe has worked for Fonterra since 1988.

He has undertaken numerous commercial and financial leadership roles within the co-op and is currently Fonterra’s group finance director.

“Chris is a highly competent leader, who has considerable knowledge of the co-op and the management of its physical and financial portfolios, as well as mergers and acquisitions,” Hurrell says.

He says he is pleased Rowe has agreed to take on the role, adding that he will continue to provide strong direction and leadership during the recruitment process for a permanent chief financial officer.

“The recruitment process for a permanent CFO is well underway and I hope to announce the successful candidate in the coming months,” says Hurrell.

Rowe will join the Fonterra Management Team as the acting chief financial officer from 1 October 2022, and Marc Rivers will move into the strategic advisor to the CEO role from 1 October 2022 until his departure from the co-op.

More like this

Featured

Nedap launches standalone operation in New Zealand

With collars on more than seven million cows worldwide, Nedap says its standalone launch into New Zealand represents world-leading, reliable and proven smart technology solutions for dairy farmers.

National

Machinery & Products

» Latest Print Issues Online

Milking It

No show

OPINION: There will be no cows at Europe's largest agricultural show in Paris this year for the first time ever…

More cows, less barley

OPINION: Canterbury grows most of the country's wheat, barley and oat crops. But persistently low wheat prices, coupled with a…

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter