A Year of Delivery for Fonterra
Fonterra’s 2026 financial year was a year of delivery, with record volumes of milk collected, processed and shipped by the co-op.
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.
Fonterra’s 2026 financial year was a year of delivery, with record volumes of milk collected, processed and shipped by the co-op.
OPINION: The Government's decision to reinstate agriculture and horticultural science as a standalone subject from Year 11 is the right one.
Dairy farmers, still holding onto their Fonterra shares despite switching milk supply elsewhere or exiting the industry, now face a stricter share sell-down requirement.
Hamilton-based agritech company Aimer Farming has completed a $3 million capital raise to support its next stage of growth, including a beef farming product due to launch in 2027.
When dairy manager Miriam Lauridsen learned the farm, she was joining held weekly health and safety meetings, she initially thought that was “a bit over the top”. Experiencing that culture changed her mind.
Nominations are open for the 2027 Fonterra Dairy Woman of the Year Award.