FSF 0.00% $4.72 fonterra shareholders' fund units

Ann: OFFICE: FSF: Fonterra Appoints MD Global Operations

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    • Release Date: 09/06/14 12:24
    • Summary: OFFICE: FSF: Fonterra Appoints MD Global Operations
    • Price Sensitive: No
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    					FSF
    09/06/2014 12:24
    OFFICE
    
    REL: 1224 HRS Fonterra Shareholders' Fund (NS)
    
    OFFICE: FSF: Fonterra Appoints MD Global Operations
    
    Fonterra Co-operative Group Limited announced today the appointment of Robert
    Spurway to the role of Managing Director Global Operations, a newly-created
    position on Fonterra's management team.
    
    Chief Executive Theo Spierings said Mr Spurway was uniquely qualified for the
    position.
    
    "Robert is currently Acting Director New Zealand Operations in NZ Milk
    Products, responsible for overseeing milk collection, manufacturing and
    logistics for the Co-operative's New Zealand milk supply.
    
    "One of our top business priorities is to optimise our global ingredients
    sales and operations footprint, so we can better manage price volatility and
    increase value, while ensuring a total focus on food safety and quality, and
    our customers' needs.
    
    "In his new role, Robert will lead the integration of our global milk
    production capacity. While our operations will remain predominantly New
    Zealand-based and our primary commitment is to our New Zealand farmer
    shareholders, it is important to have more options about what products we
    make and where we make them, to complement our New Zealand milk.
    
    "Just as we have a global sales team selling ingredients around the world, we
    also need an integrated approach to global manufacturing in markets where we
    have a natural competitive advantage and access to local milk pools.
    
    "Robert's appointment today means he will bring his deep knowledge of the
    Co-operative, and his proven leadership abilities to this next important
    stage in securing Fonterra's global relevance."
    
    Mr Spurway has more than 20 years' experience in the food and dairy
    industries. After managing the Northland Dairy Company's Dargaville site, he
    moved to Australia in 1999 where he held various roles in Goodman Fielder
    Australia. From 2008-2011 he led two food companies, before returning to New
    Zealand to become Fonterra's South Island Regional Operations Manager. In
    this role, Mr Spurway oversaw the greenfield development of the
    Co-operative's Darfield site.
    
    Mr Spurway will take up his new position on 1 August.
    End CA:00251346 For:FSF    Type:OFFICE     Time:2014-06-09 12:24:44
    				
 
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