Fonterra Announces Interim Leadership Changes Ahead of Richard Allen CEO Transition
Fonterra has announced interim changes to the leadership of its Global Ingredients business.
OPINION: Fonterra seems to be turning a corner in Australia when it comes to stability of its milk supply base.
After its infamous 2015-16 'clawback', when it slashed farm-gate prices, the processor seems to be rebuilding bridges with Aussie suppliers.
In July this year, Fonterra announced it had collected 5.4 million kgMS in Australia, a 6.6% jump on the same time last year.
Tasmanian dairy farmer and Fonterra Australia Suppliers' Council Board chair Alan Davenport said the company had rebuilt trust since 2016.
However, Davenport said, while farmers had generally moved on, most hadn't forgotten about 2016.
Hopefully, the co-op's Aussie team haven't either.
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Fonterra has announced interim changes to the leadership of its Global Ingredients business.
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