Fonterra slashes forecast milk price, again
Fonterra has slashed another 50c off its milk price forecast as global milk flows shows no sign of easing.
Fonterra has looked outside its business for a new head of its NZ brands division.
The co-op has appointed managing director of Griffin’s Food Company Brett Henshaw as managing director, Fonterra Brands, New Zealand (FBNZ).
He will take up his role with Fonterra in the first week of December.
Henshaw replaces Leon Clement, who resigned to take up the chief executive’s role at rival Synlait in June. Clement had taken over from Tim Deane, who resigned three years ago after a long career in Fonterra to become managing director of another rival Goodman Fielder NZ.
Fonterra chief operating officer, global consumer & foodservice, Lukas Paravicini, says the co-op is excited about Henshaw joining the team.
“He has an extensive 30-year career in FMCG and we are pleased he is coming on board.
“Along with his time in New Zealand, Brett has also worked in Sydney, Singapore, New York and the UK, and he has a deep understanding of consumers, their needs and how to deliver on those needs.”
“Brett has a strong commercial and strategic focus as well as end-to-end experience across the supply chain, including manufacturing and operations. He is also recognised for the emphasis he places on people – a culture of mentoring, development, teamwork and open communication is important to him,” says Paravicini.
Henshaw is looking forward to taking up this key leadership role in Fonterra Brands and working with the broader Fonterra team, and customers.
“As a Kiwi, who has worked overseas for many years prior to joining Griffin’s, I am delighted to have the opportunity to work with the Fonterra Brands team on some of New Zealand’s most loved brands.”
Henshaw has previously held brand positions with Unilever, and a number of senior marketing roles with Colgate-Palmolive worldwide. This included regional general management roles in Australasia and in Asia, where he was responsible for eleven countries. He was appointed chief marketing officer for The Griffin’s Food Company in 2015, and became managing director in 2016.
Primary sector leaders have welcomed the announcement of a Free Trade Agreement between India and New Zealand.
|
A landmark moment for New Zealand. That's how Prime Minister Christopher Luxon describes the conclusion of negotiations for an India-New Zealand Free Trade Agreement. Beef Progeny Test 2025: Genetic insights for NZ beef industryAt Pāmu’s Kepler Farm in Manapouri, mating has wrapped up at the across-breed Beef Progeny Test. HortNZ celebrates 20 YearsMore than 150 people turned up at Parliament recently to celebrate the 20th anniversary of Horticulture New Zealand (HortNZ). Biosecurity NZ urges vigilance for yellow-legged hornetsBiosecurity New Zealand says Kiwis should continue to keep an eye out for yellow-legged hornets (Vespa velutina) over the holiday season. Mental Health and Fitness Unite: The Push-Up Challenge comes to New ZealandThe Push-Up Challenge, an event which combines mental health and fitness, is set to launch in New Zealand in 2026. NationalFonterra capital return could boost GDP – ANZ ReportThe Fonterra divestment capital return should provide “a tailwind to GDP growth” next year, according to a new ANZ NZ report,…Fonterra upgrades Eltham cheese production for global growthFonterra's Eltham site in Taranaki is stepping up its global impact with an upgrade to its processed cheese production lines,…Michelle Pye elected to Fonterra boardCanterbury farmer Michelle Pye has been elected to Fonterra’s board for a three-year term.Government plan to scrap regional councils faces criticismGovernment plans to get rid of regional councillors shows a lack of understanding of the fundamental problem affecting all of…Lactose to join fat and protein in Fonterra milk price modelFor over 20 years, Whakatane farmer Gerard Van Beek has been attending Fonterra annual general meetings with the same message…Machinery & ProductsCase IH Unveils New RB6 Round Balers & 2026 Square Baler UpgradesCase IH has released details of its all-new round balers and redesigns to its large square balers aimed at increasing…How to Improve Milking Efficiency in Swing-Over Herringbone ShedsThe swing-over herringbone is the most common dairy type in New Zealand, used on 69% of dairy farms. Simple changes…Claas Jaguar 1000 Series sets new forage harvesting world recordThe recently released Claas Jaguar 1000 Series has seen its flagship 1200 set a new official Guiness World Record in…CB Norwood appoints John Skurr as new general managerCB Norwood Distributors Limited has announced the appointment of John Skurr to the position of general manager.AIMER, Bovonic and Herd-i join forces to advance NZ dairy techThree New Zealand agritech companies are set to join forces to help unlock the full potential of technology.» Latest Print Issues OnlineMilking ItTrump's tariffsPresident Donald Trump’s decision to impose tariffs on imports into the US is doing good things for global trade, according… Tanker on the rollSeen a giant cheese roll rolling along Southland’s roads? » eNewsletter |