Wednesday, 23 February 2022 10:30

CEO departs

Written by Milking It

font size decrease font size increase font size
Print
Email

OPINION: The world's largest dairy company Lactalis has parted ways with its chief executive.

The Lactalis group announced the departure of managing director Philippe Palazzi, who took office just a year ago. And they were not hiding the reason for his sudden exit.

"As the conditions for alignment with the Group's strategy could not be met, Emmanuel Bensler, Chairman of the Lactalis group, and Philippe Palazzi, Chief Executive Officer, are ending their collaboration as of February 3, 2022", explains the group in a press release.

Media reports say the two men couldn't agree about their visions for 2033, the date on which Lactalis will celebrate its 100th anniversary.

More like this

Peters Targets Fonterra

Peters Targets Fonterra

OPINION: Get offside with New Zealand First leader Winston Peters at your own peril.

Kiwisaver Boost

Kiwisaver Boost

OPINION: Being a stock manager of a Government MP's farm can come in handy.

'Regulatory Middlemen'

OPINION: Groundswell's opinion of the incumbent farm industry representatives isn't high.

Domestic Focus

OPINION: After hogging the media limelight for telling a NZ Chinese MP to "go back home", Winston Peters has decided to focus on a domestic issue - oil and gas drilling.

A No-Brainer

OPINION: With fuel prices soaring, one would have expected most farmers to be reclaiming excise duty on petrol.

Popular Reads

Why This Canterbury Cropping Farm Converted to Dairy

Converting a longstanding cropping farm to dairy was the only way to ensure the land stayed in the family long…

Peters Targets Fonterra

OPINION: Get offside with New Zealand First leader Winston Peters at your own peril.

Fonterra Names Four Independently Assessed Director Candidates

Fonterra Co-operative Group has confirmed the independently assessed candidates standing for election to its board in 2026.

Inside the Southland Dairy Farm Where Robots and Pasture Work Together

In Dacre, near Invercargill in New Zealand’s South Island, Bruce Dinnington is running a dairy operation unlike any other.

Fonterra Lifts Milk Price to $9.50/kgMS for 2026/27

Fonterra has revised its Farmgate Milk Price forecast for the 2026/27 season, lifting the midpoint and narrowing the range on…

Featured

Ah Tatua, You've Done It Again!

Waikato milk processor Tatua has again declared a record milk payout to farmer shareholders, leaving other processors in the dust.

Labour Vows to Change Tact on How to Handle Freshwater Rules

A Labour-led Government won’t be bringing back the controversial freshwater rules of 2020.

India FTA Unites NZ First, Greens

National’s much-touted free trade deal with India featured in the Rural Issues Debate at Mystery Creek, Hamilton on Wednesday night.

2026-27 Fishing Season Opens Across New Zealand

New Zealand's 2026-27 freshwater fishing season has opened, with anglers encouraged to head to rivers and lakes over the coming days as conditions look favourable across much of the country.

CODC Rejects Plan to Spread Sludge on Lauder Farmland

Central Otago District Council (CODC) has voted against a plan to spread treated sewage sludge from Cromwell and Alexandra on farmland near Lauder, a decision Federated Farmers says reflects strong opposition from rural residents.

Pāmu FY26 Report: Profit More Than Doubles to $113m

Pāmu has released its FY26 Integrated Annual Report, reporting a Net Operating Profit of $113 million, more than double the $49 million recorded in FY25.

National

Breeding the Ultimate Robot-Ready Jersey Herd

In the beautiful, scenic expanse of Invercargill, Joanne (Jo) Crack of Southern Star Farms is redefining what it means to…

Southerly Winds Hit Taranaki Dairy Pasture Growth

A spate of southerly winds bringing cold temperatures has presented challenges for Taranaki dairy farmers.

Why This Canterbury Cropping Farm Converted to Dairy

Converting a longstanding cropping farm to dairy was the only way to ensure the land stayed in the family long…

NZ Milk Price Could Hit $10/kgMS as Global Supply Eases

A 'tsunami' of milk from key exporting countries is winding down and this may be good news for New Zealand…

Farmer Confidence Wavers Despite Decade-High Profits – Feds Survey

Will the good times last? That's one of the key issues to come out of the latest Federated Farmers confidence…

Machinery & Products

John Deere Unveils JD, an AI Assistant for Farm Data

A long way from when AI meant plunging a plastic-covered arm armpit deep up a cow’s rear, John Deere has…

Vogelsang & BeTEC Launch Joint Slurry Applicator Range

German effluent specialist Vogelsang has entered a “strategic joint venture” to develop slurry applicators with Slovenian agricultural machinery manufacturer BeTEC,…

Tabula Live Adds Real-Time Weather to Field Ops Map

Founded in New Zealand in 2006, over the following 20 years, Tabula (formerly TracMap) has evolved to develop technology that…

New CLAAS Swath Turner Fixes Twin-Rotor's Blind Spot

Twin rotor swathers have become the ‘go-to’ for forming swaths to feed hungry harvesters and balers, however, the design layout…

Canterbury Farmer Builds on 160 Years of Dairy Legacy

Gareth Hale is the current custodian of a 160-year legacy that saw his great grandfather dairying in Taranaki since the…

» Latest Print Issues Online

dairynewscover

ruralnewscover

winegrowercover

Milking It

Not Out of the Woods Yet

OPINION: It seems Canterbury processor Synlait is still in the doldrums.

Peters Targets Fonterra

OPINION: Get offside with New Zealand First leader Winston Peters at your own peril.

» eNewsletter