FCG fonterra co-operative group limited (ns)

Ann: OFFICE: FCG: Fonterra management appointments

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    					FCG
    24/04/2015 12:59
    OFFICE
    NOT PRICE SENSITIVE
    REL: 1259 HRS Fonterra Co-operative Group Limited
    
    OFFICE: FCG: Fonterra management appointments
    
    24 APRIL 2015
    
    Fonterra management appointments
    
    Fonterra Co-operative Group Limited today announced changes to the roles and
    responsibilities of two members of the Fonterra Management Team.
    
    Jacqueline Chow, who is currently Managing Director Global Brands and
    Nutrition, is stepping into the newly created role of Chief Operating Officer
    Velocity, effective 1 June 2015 - where she will work alongside the
    management team to accelerate performance across the Co-operative.
    
    Chief Executive Theo Spierings today said: "In her new role, Jacqueline will
    lead the next stage in Fonterra's evolution, working across the entire
    Co-operative to push forward the Velocity part of our V3 strategy and deliver
    the best possible performance."
    
    In the other appointment announced today, Johan Priem, currently Fonterra's
    President Greater China, will take on the additional role of Managing
    Director Asia Middle East and Africa (Asia MEA) on 1 August 2015.
    
    Mr Spierings said Mr Priem is ideally placed to take on this additional role
    given he has previously held senior leadership positions in Asia, Middle East
    and Africa for Fonterra and other companies.
    
    "Johan will draw on his extensive knowledge, experience and relationships in
    the region, which includes a number of Fonterra's key strategic markets."
    
    As a consequence of Ms Chow's appointment, a senior executive in the Global
    Brands and Nutrition team, Rene Dedoncker, will join the Fonterra Management
    Team as Acting Managing Director Global Brands and Nutrition, with effect
    from 1 June 2015.
    
    -ENDS-
    
    For further information contact:
    Abhy Maharaj
    Director Equity Markets
    Phone: +64 21 879 458
    End CA:00263546 For:FCG    Type:OFFICE     Time:2015-04-24 12:59:16
    				
 
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