Expert Says Fonterra Backing Current Strategy With New CEO Appointment
The appointment of Richard Allen as Fonterra's new chief executive signals execution, not strategy, according to agribusiness expert Dr Nic Lees.
Dedoncker, managing director global markets consumer, joined Fonterra in 2005 and has held several global leadership positions during that time, including leading the Mainland Group business since March 2025.
The Mainland Group business has been sold to Lactalis.
Fonterra chief executive Miles Hurrell thanked Dedoncker for his significant contribution to Fonterra, particularly through the process to divest Mainland Group, where he has continued to provide strong leadership and drive performance as Fonterra prepared the business for sale.
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