FCG
08/05/2012 15:00
OFFICE
REL: 1500 HRS Fonterra Co-operative Group Limited
OFFICE: FCG: NEW FONTERRA MANAGEMENT TEAM
NEW FONTERRA MANAGEMENT TEAM TO DELIVER REFRESHED GROUP STRATEGY
Fonterra Chief Executive Officer Theo Spierings today announced members of
his senior management team as part of a reshaping of the organisation to
deliver on its Group Strategy Refresh announced in late March.
Eleven of the 12 new Fonterra Management Team roles have been filled, all by
internal appointments: "From day one I have been impressed by the quality of
people at Fonterra and it is great to be able to draw on this strong bench
strength when assembling our team," Mr Spierings said.
"With our refreshed Group Strategy confirmed, we have now aligned our
business to deliver on our strategic priorities.
"The new structure and senior appointments reflect our focus on dairy
nutrition and emerging markets, as well as our intention to reduce layers and
duplication to drive efficiencies across the business."
In line with the Group Strategy, Fonterra has formed new business divisions
to grow emerging markets in China/India and Latin America, as well as a new
global Fonterra Nutrition business to build the nutrition portfolio across
the business, driven by innovation.
"These changes, along with re-configuration of existing business units and
the support functions within the company, will position us to increase
volumes and value in line with our strategy," Mr Spierings said.
The new Fonterra Management Team comprises:
o Chief Financial Officer, Jonathan Mason
o Managing Director Group Optimisation and Supply Chain, Ian Palliser
o Group General Manager Strategy, Maury Leyland
o Group General Manager Mergers and Acquisitions, Paul Campbell
o Managing Director Co-operative Affairs, Todd Muller
o Managing Director People, Culture and Services. Position to be confirmed.
o Managing Director New Zealand Milk, Gary Romano
o Managing Director Australia New Zealand, John Doumani
o Managing Director ASEAN/Middle East/North Africa, Mark Wilson
o Managing Director China/India, Kelvin Wickham
o Managing Director Latin America, Alex Turnbull
o Managing Director Fonterra Nutrition, Sarah Kennedy
Mr Spierings said the new organisation structure would take full effect from
the start of the financial year on August 1, 2012.
End CA:00222632 For:FCG Type:OFFICE Time:2012-05-08 15:00:07
