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Fonterra has appointed Lukas Paravicini as chief financial officer, succeeding Jonathan Mason who retires at the end of September.
Paravicini joins Fonterra after 22 years with Nestle, most recently as general manager for Nestle Professional Europe for two years, before that in Nestle senior finance positions including running their global business services and 10 years in Latin America.
The co-op has also appointed Jacqueline Chow as managing director global brands and nutrition, a new Fonterra management position. Chow will lead the co-op's overall marketing, innovation and research.
She has spent 20 years in blue-chip multinationals, previously Arnott's, as general manager of Australia and New Zealand, leading its $1 billion business.
Chow has held executive marketing and innovation roles in Campbell's and the Kellogg Company, starting out as a strategy consultant in consumer products.
Fonterra chief executive Theo Spierings says the appointments reflect well on the co-op's ability to attract high calibre, internationally experienced people to senior management roles.
Research lending to the production of dairy products that benefit the elderly and improves the overall wellbeing of all people is a key focus of Fonterra's Research and Development centre, based in Palmerston North.
Milk processors are either matching or beating Fonterra's record $10/kgMS opening forecast milk price as the 2025-26 season gets underway.
Fonterra has announced a record forecast opening organic milk price of $12.30/kgMS for the new season.
Australian dairy farmers supplying Fonterra are getting an opening weighted average milk price of A$8.60/kgMS for the new season or around NZ$9.26/kgMS - NZ74c less than New Zealand suppliers, based on the current exchange rate.
A record $10/kgMS opening forecast milk price for the new season means more money into Fonterra farmers pockets early, says Federated Farmers dairy chair Richard McIntyre.
Six livestock industry groups have signed a new agreement with the Government on how to prepare for, and respond to, a possible outbreak of Foot and Mouth Disease.
Farmers are welcoming a $17 million, seven-year collaborative science and research programme to lift pasture persistence and productivity.
Maize and sweetcorn pest fall armyworm has defied initial assessments regarding its ability to survive over winter in some parts of New Zealand.
A report released this morning at the National Fieldays, Mystery Creek shows dairy farmer confidence growing, but challenges remain.
Supporting farmers to build great workplaces is a focus for DairyNZ, which is why they say they have relaunched the self-assessment tool, Workplace 360.
Around 97% of New Zealand pet owners value the care provided by their vet teams, but the broader contribution of animal health professionals to society often goes unseen, a new study has revealed.
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