Fonterra Suppliers Confident in Mainland Dairy Future
Fonterra's 460 milk suppliers in Australia, who will switch to Lactalis end of this month, are unfazed with the impending change.
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.
New Zealand's dairy and beef industries say they welcome the announcement that the Government will invest $10.49 million in the Dairy Beef Opportunities (DBO) programme.
New Zealand farming is riding a high, with strong prices, full feed covers and improving confidence lining up at the same time.
Manawatu Mayor Michael Ford says the district sees itself as the agribusiness capital of the lower North Island.
Beef + Lamb New Zealand (B+LNZ) is looking forward to connecting with farmers, rural professionals and community members at this year's Central District Field Days.
Labour Party Leader Chris Hipkins has announced a reshuffle of the party's caucus portfolios.
Agriculture Minister Todd McClay says a series of rural resilienced set to be rolled out next week will help farmers and growers better prepared for adverse weather events.
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