Yili’s New Zealand Dairy Group Posts Record $1.58 Billion Revenue
Yili's New Zealand businesses have reported record profits following a major organisational and strategic transformation.
Former Fonterra executive Alex Turnbull has been appointed CEO to lead all five Yili Oceania Business Division companies in New Zealand.
Turnbull heads Westland Milk Products, Oceania Dairy, Canary, EasiYo and Pure Nutrition.
He will report to the director of the Yili Oceania Business Division of Yili in New Zealand, Zhiqiang Li.
Li says Turnbull’s strong track record across New Zealand dairy and food sectors made him the ideal candidate to build further on the global gains made by Yili’s New Zealand companies in recent years.
“Yili’s investment in our high-value strategy is continuing to reap dividends with extra production capacity in the high-value protein and fats categories leading to increased global sales.”
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