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.
Craighead Diocesan, Darfield High School and Christchurch Boys' High School took out the three age groups at the Canterbury Clash of the Colleges, which was held at the recent Ashburton A&P Show.
The New Zealand Merino Company (NZM) is expanding its collaboration with TextileGenesis to deliver full traceability for 100% of ZQ certified wool and ZQRX regenerative wool.
According to Federated Farmers, Environment Southland has mishandled the consent process for Waituna Lagoon, leaving the community with numerous bad outcomes.
Metallica's charitable foundation, All Within My Hands (AWMH), teamed up with Meet the Need this week for a food packing event held at the New Zealand Food Network warehouse in Auckland.
After two years, Alliance Group has returned to profit.
According to Zespri's November forecast for the 2025/26 season, returns are likely to be up for all fruit groups compared to the last forecast in August.
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