Fonterra shareholders watch performance after sale
Fonterra shareholders say they will be keeping an eye on their co-operative's performance after the sale of its consumer businesses.
A DUTCH DAIRY veteran Henk Bles has been appointed to the newly-created role of managing director international farming ventures for an initial six-month period.
Bles has held leadership roles in the international dairy farming industry for more than 30 years, in dairy cattle, genetics and dairy development. He has also established his own businesses, Bles Dairies Livestock BV; Bles Dairies Genetics / Eurostar Genes; and dairy development company The Friesian.
He also holds an advisory position with Semex Global and is a board member for the Dutch Cattle Association.
Bles' appointment starts on April 14, for an initial six month period, with a global search underway for a permanent appointment.
This follows Fonterra's decision that the large scale farming operations of International Farming Ventures will become a standalone unit with full financial and operational accountability, reporting to the chief executive, Theo Spierings.
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Fonterra shareholders say they will be keeping an eye on their co-operative's performance after the sale of its consumer businesses.
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