Strong growth for Yili's NZ operations
Chinese dairy giant Yili Group says its New Zealand operations are on track for strong revenue growth in 2025 after recording significant year-on-year growth for the first half of the year.
Westland Milk's new chief financial officer comes to the co-op with a track record in change management.
Dorian Devers joined Westland last week from the Linde Group (formerly the BOC Group) where he was financial director Africa, UK and Ireland and group chief financial officer for subsidiary Afrox.
Westland says Devers helped Afrox save NZ$48m, contributing to a 50% rise in its share price in his first year.
Westland chief executive Toni Brendish says she is “very excited” about Devers’ potential at Westland.
Brendish, appointed chief last September, has worked to improve Westland’s efficiency and cut costs, improve the co-op’s financial reporting and strengthen its core nutritionals market.
She also has a focus on partnerships with key commercial customers in priority, China especially. This has included strengthening the depth and experience of her management team.
Devers is the third new senior manager she has appointed, joining a new general manager China (Gary Yu) and a new chief operations officer (Craig Betty).
“Westland’s drive to improve its financial performance, and seek constructive mutually beneficial financial, technical and innovative relationships with key customers will be well supported by Dorian’s experience,” Brendish says.
“He has a proven record in leading transformational change in large and complex organisations to deliver sustainable benefits.”
Devers is married to Stephanie, a New Zealander, and they have three daughters Charlotte, Isla and Matilda.
He will be based at Westland’s Rolleston office.
The National Wild Goat Hunting Competition has removed 33,418 wild goats over the past three years.
New Zealand needs a new healthcare model to address rising rates of obesity in rural communities, with the current system leaving many patients unable to access effective treatment or long-term support, warn GPs.
Southland farmers are being urged to put safety first, following a spike in tip offs about risky handling of wind-damaged trees
Third-generation Ashburton dairy farmers TJ and Mark Stewart are no strangers to adapting and evolving.
When American retail giant Cosco came to audit Open Country Dairy’s new butter plant at the Waharoa site and give the green light to supply their American stores, they allowed themselves a week for the exercise.
Fonterra chair Peter McBride says the divestment of Mainland Group is their last significant asset sale and signals the end of structural changes.
President Donald Trump’s decision to impose tariffs on imports into the US is doing good things for global trade, according…
Seen a giant cheese roll rolling along Southland’s roads?