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News: FCG NZ's Fonterra appoints Miles Hurrell as interim CEO

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    Aug 15 (Reuters) - New Zealand's Fonterra (FCG) (FSF) on Wednesday appointed Miles Hurrell as the cooperative's interim chief executive to replace Theo Spierings, who said he would step down earlier this year.

    The announcement comes after last week's earnings forecast cut, citing tighter margins.

    Hurrell is currently the chief operating officer of Farm Source – the unit responsible for working directly with Fonterra's farmer-owners.

 
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