Wednesday, 07 September 2022 11:55

Rowe to act as co-op CFO

Written by Staff Reporters

font size decrease font size increase font size
Print
Email

Fonterra has announced that Chris Rowe will step into the co-operative's acting chief financial officer role.

Fonterra's group finance director Chris Rowe takes on the role of acting chief financial officer (CFO) from next month.

He replaces current CFO Marc Rivers who is leaving the co-op at the end of this year.

Rivers will move into the role of strategic advisor to chief executive Miles Hurrell from October 1 until his departure.

Hurrell says that Rowe has worked for Fonterra since 1988, undertaking a number of commercial and finance leadership roles.

“Chris is a highly competent leader, who has considerable knowledge of the co-op and the management of its physical and financial portfolios, as well as its mergers and acquisitions.

“The recruitment process for a permanent CFO is well underway and I hope to announce the successful candidate in the coming months,” says Hurrell.

More like this

Fonterra's Whareroa Wins Directors Award

Fonterra's Whareroa site took home the prestigious Directors Award at the co-op's 'Oscars of Manufacturing', while Clandeboye led the way with multiple wins at this year's Best Site Cup.

Dairy Holdings CEO Colin Glass Retires After 25 Years of Growth

After 25 years it is the right time to step away, says Colin Glass, the retiring chief executive of New Zealand's largest private corporate dairying company, Dairy Holdings.

Fonterra Expands China Foodservice Business with New Anchor Essence Cream

Fonterra is strengthening its foodservice presence in China with the launch of a new cream for professional bakeries at Bakery China 2026 in Shanghai.

Smith V Fonterra

OPINION: To a chorus of crying greenies, and not a minute too soon, the Government has moved to put the courts back in their place through proposed amendments to the Climate Change Response Act 2002, intending to limit climate litigation claims such as Smith v Fonterra, in the interests of providing greater certainty for vital industry.

Fonterra Opens 2026/27 Milk Price Forecast At $9.75kgMS

For the third season in a row, Fonterra farmers are in for a farmgate milk price near $10/kgMS.

Featured

Waikato Waters Begins Operations Across Waikato Region

Today marks the first day of operations for Waikato Waters, a new council-controlled organisation established by six district councils to deliver water and wastewater services for their communities.

MPI Opens $3m Greenhouse Gas Research Funding Round

The Ministry for Primary Industries (MPI) has announced has opened applications for the 2026/27 funding round of the Greenhouse Gas Inventory Research (GHGIR) fund.

Vegetable Industry To Showcase Highlights New Zealand's Growing Future at Parliament

New Zealand’s vegetable sector will take centre stage at Parliament today, celebrating a vital industry and sharing a clear, future focused vision for how it can continue to thrive.