Fonterra launches farmer-led youth dairy programme in Waikato and Bay of Plenty
A new farmer-led programme aimed at bringing young people into dairy farming is under way in Waikato and Bay of Plenty.
Fonterra’s chief financial officer (CFO) Neil Beaumont leaves the co-op on Friday, just nine months after taking on the role.
Beaumont’s surprise departure came in a Fonterra press release to the NZ Stock Exchange. No reason was given for his sudden departure.
Simon Till, who has most recently held the role of Fonterra’s director capital markets, will take up the position of acting chief financial officer “while recruitment for a permanent CFO is underway,” the brief statement says.
“Neil joined the co-operative in February 2023 and his last day will be the 3rd of November.”
Announcing his appointment in November last year, Fonterra said Beaumont was an accomplished group CFO, experienced in operating at the most senior levels of global and in complex business environments.
Before joining Fonterra, he was senior managing director, chief financial and risk officer at Canada Pension Plan Investment Board (CPPIB), with responsibility for leading the operations, finance, and risk functions for the CAD $500b investment fund.
He has held senior roles at BHP Billiton in Chile and Australia and at KPMG. He is a chartered accountant with the Canadian Institute of Chartered Accountants and holds a Bachelor of Commerce from the University of Saskatchewan.
Having gone through a troublesome “divorce” from its association and part ownership of AGCO, Indian manufacturer TAFE is said to be determined to be seen as a modern business rather than just another tractor maker from the developing world.
Two long-standing New Zealand agricultural businesses are coming together to strengthen innovation, local manufacturing capability, and access to essential farm inputs for farmers across the country.
A new farmer-led programme aimed at bringing young people into dairy farming is under way in Waikato and Bay of Plenty.
The Government has announced changes to stock exclusion regulations which it claims will cut unnecessary costs and inflexible rules while maintaining environmental protections.
Technology and the use of artificial intelligence are increasingly part of life, both on the farm and off it.
Ashleigh Gordon and Leilani Lobb have been named as the two finalists for Dairy Women's Network's (DWN) 2026 Regional Leader of the Year Award.
OPINION: Reckless action by Greenpeace in 2024 forced Fonterra to shut down a drying plant for four hours, costing the co-op…
OPINION: The global crusade against fossil fuel is gaining momentum in some regions.