Takeover bid?
OPINION: Canterbury milk processor Synlait is showing no sign of bouncing back from its financial doldrums.
Casey Blatch, group financial controller for Canterbury milk processor Synlait Milk is the Young Financial Manager of the Year.
He received the award at the 2017 CFO Awards in Auckland on March 15.
John Penno, Synlait’s managing director congratulated Blatch.
“We’re very proud he has been recognised by his senior peers as a leading young financial manager in the business community,” says Penno.
Since joining Synlait in 2014, Blatch has been involved in a number of initiatives to support the company’s growth. These include the development of a unique financing facility (secured by working capital), improving the efficiency of financial processes and overseeing a new foreign exchange hedging policy.
“Casey also played a key role in the process to dual list Synlait on the NZX and ASX. This was at the same time as a rights issue in October 2016, which was fully subscribed and raised $97.6 million of new equity,” adds Penno.
Blatch says he has had some great opportunities present themselves.
“I know that having strong mentors and an incredible team by my side have allowed me to tackle them head on,” says Blatch.
“For that I’m very grateful and I want to thank everyone who has helped me develop and grow so far.”
Synlait was also a finalist for the Financial Innovation Project of the Year award. The annual CFO Awards celebrate excellence in financial leadership in New Zealand.
Fonterra has cemented its position as the country’s number one cheesemaker by picking up nine NZ Champion of Cheese trophies this year.
New Zealand dairy processors are welcoming the Government’s commitment to continuing to push for Canada to honour its trade commitments.
An educational programme, set up by Beef + Land New Zealand, to connect farmers virtually with primary and intermediate school students has reported the successful completion of its second year.
The Food and Agriculture Organisation of the United Nations (FAO) has welcomed a resolution adopted by the United Nations (UN) General Assembly to declare 2026 International Year of the Woman Farmer.
Waikato herd health veterinarian Katrina Roberts is the 2024 Fonterra Dairy Woman of the Year.
Horticulture NZ chief executive Nadine Tunley will step down in August.
OPINION: Canterbury milk processor Synlait is showing no sign of bouncing back from its financial doldrums.
OPINION: It seems every bugger in this country can get an award these days.