Displaying items by tag: RICHARD WYETH

Canterbury milk processor Synlait is blaming what it calls "a perfect storm" of setbacks for a big loss in its half year result for the six months ended January 31, 2026.

OPINION: Canterbury milk processor Synlait's recovery seems to have hit another snag.

Former Westland Milk boss Richard Wyeth is taking over as chief executive of Canterbury milk processor Synlait from May 19.

Arguably one of the country's top dairy company's chief executives, Richard Wyeth has abruptly quit Chinese owned Westland Milk Products (WMP)

Westland Milk has reaffirmed its commitment to pay farmer suppliers 10c above Fonterra farm gate milk price for the following two seasons.

Not all milk processors in New Zealand are struggling; just look at Westland Milk Products on the West Coast.

Dairy farmers supplying Chinese-owned Westland Milk Products in Hokitika had another reason to celebrate this holiday season.

"I'm more positive now than I was two or three months ago." That's the view of Richard Wyeth, chief executive of Hokitika-based Westland Milk Products (WMP).

Hokitika-based Westland Milk Products is bracing for another good year after hitting $1 billion in revenue for the first time in 2022.

A strategy focusing on high value products and a culture shift among the workforce has guided Chinese-owned Westland Milk Products to hit $1 billion in annual revenue for the first time.