FSF fonterra shareholders' fund units

Ann: OFFICE: FSF: Fonterra CFO Stepping Down

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    FSF
    25/01/2013 13:56
    OFFICE
    
    REL: 1356 HRS Fonterra Shareholders' Fund (NS)
    
    OFFICE: FSF: Fonterra CFO Stepping Down
    
    Fonterra Co-operative Limited said today that its Chief Financial Officer
    Jonathan Mason would be retiring in the next six months and that it had
    commenced an international search to replace him.
    
    Fonterra Chief Executive Officer Theo Spierings said Jonathan Mason had
    always indicated that Fonterra would be his last full time role: "Jonathan
    joined Fonterra in the midst of the global financial crisis in 2009 and,
    under his leadership, ensured the Co-operative's financial position was
    strengthened through those difficult times."
    
    "Jonathan has also played a leading role in the launch of Trading Among
    Farmers, which has significantly improved the Co-operative's capital
    structure."
    
    "Jonathan will leave Fonterra in a much stronger position and we are grateful
    to him for this contribution."
    
    Mr Spierings said Mr Mason had agreed to support the Co-operative through to
    the end of the financial year while Fonterra identified a successor
    End CA:00232338 For:FSF    Type:OFFICE     Time:2013-01-25 13:56:57
    				
 
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