Fonterra's record forecast organic milk price
Fonterra has announced a record forecast opening organic milk price of $12.30/kgMS for the new season.
Fonterra has announced senior management changes in its Asia Pacific Middle East Africa (APMEA) business unit, including the departure of the existing managing director APMEA and the appointment of a new managing director for Australia.
Fonterra chief executive Theo Spierings says a new leadership team has now been confirmed for APMEA, effective June 1. It includes a new managing director Australia, Judith Swales, who joins Fonterra after leading Heinz across Australasia and before that the Goodyear Dunlop Business in Australia.
"Judith has considerable experience in delivering business turnarounds across a number of industry sectors, with a great understanding of consumer, customer and operations which will be critical in our Australian business," says Spierings.
With the new management team in place, Fonterra's managing director APMEA Mark Wilson had indicated his intention to leave Fonterra.
The new APMEA leadership team includes:
• Managing director Australia, Judith Swales.
• Managing director ASEAN, Juan Carlos Pestana, who is currently head of Fonterra's Latin American JV with Nestle.
• Managing director ISMEA (Indian Sub-continent, Middle East-Africa), Alan Fitzsimmons, who is currently general manager of Fonterra's Indo-China business.
• Managing director New Zealand, Peter McClure, who is currently in this role.
• Director commercial, Malcolm Smith, who is currently chief financial officer for Fonterra's ASEAN- Middle East North Africa business.
• Director marketing, Chris Augustijns, who is currently chief marketing officer for Fonterra's ASEAN-Middle East North Africa business.
• Director operations & supply chain, Joe Coote, who is currently optimisation director for Fonterra's NZ Milk Products division in New Zealand.
• Director people, culture & services, Garry Mudford, who is currently leading the SAP implementation across the Australia-New Zealand business unit of Fonterra.
Spierings says Wilson has made an important contribution to Fonterra, leading sustained growth in the cooperative's Asian and Middle East consumer businesses over the past five years.
Most recently, Wilson has overseen the creation of the new APMEA business unit which will drive synergies and scale across Fonterra's consumer businesses: "It has been a big undertaking and with all the key management now in place for APMEA Mark has decided due to some family health matters that the time is right for him to leave the cooperative, which he will do at the end of April."
Fonterra has started a search for a replacement for Wilson.
Fieldays 2025 opens this week with organisers saying the theme, 'Your Place', highlights the impact the event has on agriculture both in the Southern Hemisphere and across the globe.
Sam Carter, assistant manager for T&G's Pakowhai Sector, has been named the Hawke's Bay 2025 Young Grower of the Year.
The CEO of Apples and Pears NZ, Karen Morrish, says the strategic focus of her organisation is to improve grower returns.
A significant breakthrough in understanding facial eczema (FE) in livestock brings New Zealand closer to reducing the disease’s devastating impact on farmers, animals, and rural communities.
Farmer co-operative LIC has closed its satellite-backed pasture measurement platform – Space.
OPINION: The case of four Canterbury high country stations facing costly and complex consent hearing processes highlights the dilemma facing the farming sector as the country transitions into a replacement for the Resource Management Act (RMA).
OPINION: The Free Speech Union is taking this one too far.
OPINION: New national data from The Drug Detection Agency (TDDA), a leading workplace drug tester, shows methamphetamine (meth) use is…