Before you all go doom and gloom!
John Penno co-founded the Synlait group in 2000 and the Sinclair milk manufacturing business was founded in 2006, with operations beginning in 2008.
"Synlait has been a major part of my life for the last 17 years, and I'm very proud of what we've achieved in relatively short time" says out going CEO John Penno.
My thoughts, this is how you take profit for a job well done the market should show some respect and not go completely nuts today. Well done John you've earned it good luck with your future interests.
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