Synlait CEO Resignation Highlights Deeper Challenges Facing Dairy Processor
A revolving door of chief executives at milk processor Synlait is a warning sign, says Lincon University senior lecturer in agribusiness Nic Lees.
Westland Dairy Company's new chief executive Richard Wyeth stared his new role last week.
Wyeth, the former Miraka chief executive, is looking forward to bringing the strength of a global dairy giant to the opportunities that lie ahead for the West Coast dairy processor. Westland is owned by China’s Yili Group.
Wyeth took over from Shiqing Jian, who was interim chief executive following the resignation of Toni Brendish in August last year.
“We hope Richard is as excited as we are about the opportunities that lie ahead for Westland as he takes stewardship of this iconic New Zealand company,’’ Jian said.
Wyeth said Westland holds a unique place within the New Zealand dairy landscape and now, with the backing of Yili, the company was uniquely placed to leverage the advantages of its strong dairy heritage and culture.
“It is a great honour to be entrusted as the custodian of this iconic New Zealand company. I am especially aware of the important role Westland plays, not only within the New Zealand dairy industry, but also as part of the West Coast and Canterbury communities.
“Yili is an enormously innovative company dedicated to quality and serving the consumer above everything else. Being part of that naturally brings huge advantages for Westland.
“There has never been a more exciting time for the dairy industry in New Zealand and I look forward to embracing all the challenges, opportunities and responsibilities that brings in my new role.’’
A new fruit quality research laboratory has been opened in Auckland by agritech company Hectre to develop pioneering hyperspectral technology.
Farmer lobby Groundswell believes that farmers are worried about the implications of a potential centre-left government.
With less than a week to go before voters choose the next government, Federated Farmers has a simple message to its members - get out and vote.
Students will be able to study Agriculture and Horticultural Science from Year 11, creating a clear pathway into Years 12 and 13 and future careers in New Zealand’s primary industries, Education Minister Erica Stanford says.
With fireworks on sale from today and the election five days away, the NZ Veterinary Association says the issue deserves another look.
Farmlands has reported higher operating earnings and a profit before income tax of $4.5 million, up 118.9%, for the year ended 30 June 2026.
OPINION: It seems Canterbury processor Synlait is still in the doldrums.
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