DairyNZ: Strong payouts offset high farm costs
The dairy sector is in a relatively stable position, with strong milk price payout forecasts continuing to offset ongoing high farm costs, according to DairyNZ.
New DairyNZ chief financial officer Robyn Marsh started last week, an appointment DairyNZ says will provide strong financial direction, vision, and profitable management.
DairyNZ chief executive Dr Tim Mackle says Marsh - who takes on the title of chief financial officer and general manager of corporate services - is an experienced sector finance leader.
"We are privileged to recruit an individual with such depth of knowledge and expertise, along with solid understanding and appreciation of our sector. Robyn grew up on a South Taranaki dairy dairy farm and being part of a rural agricultural community is an anchoring motivator in her career and way of life."
As a chartered accountant, Marsh started her career with Deloitte Touche Tohmatsu before moving to Fonterra in 2002.There she held several financial leadership roles, such as general manager of global accounting services and mergers and acquisitions. Her initial focus will be the execution of the strategic plan for the coming year, to help align priorities and overall strategy. She say she is excited to be taking her career in agricultural finance to the next level and having the opportunity to be part of positive progress for the dairy industry.
"There are significant challenges and opportunities facing the dairy sector today and into the future," she says.
"Collaborating with our farmers and sectors partners on innovative solutions is an effective way to drive a positive future for dairying. Working at DairyNZ provides a great opportunity to be a part of this journey, and I look forward to progressing my work in the sector to date with this new role."
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