Expert Says Fonterra Backing Current Strategy With New CEO Appointment
The appointment of Richard Allen as Fonterra's new chief executive signals execution, not strategy, according to agribusiness expert Dr Nic Lees.
More money for Fonterra means more moolah trickling into rural towns and communities.
Sadly, not everyone is elated with the co-op.
‘Serial Fonterra hater’, Greenpeace issued a release last week calling out Fonterra for ‘profiting from rainforest destruction’. But only two million tonnes of palm kernel expeller are imported, and they make a small portion of the feed going into cows.
Greenpeace would love to see fewer cows in NZ. Fortunately, that view isn’t widely shared by New Zealanders.
