Expert Says Fonterra Backing Current Strategy With New CEO Appointment
The appointment of Richard Allen as Fonterra's new chief executive signals execution, not strategy, according to agribusiness expert Dr Nic Lees.
Daly joined the co-operative earlier this year as director HR chief operating officer (COO) and as a member of the people & culture lead team.
Fonterra CEO Miles Hurrell says COO is the engine room of the co-op with around 12,000 employees in manufacturing, supply chain, innovation, IT, sustainability, technical excellence and global quality and safety.
"Kate has hit the ground running and has already made a difference during an important time as the co-op has continued to deliver on its strategy at a time of significant global uncertainty.
"Kate is an experienced people leader and is passionate about creating the environment where people can develop and thrive and where inclusion and diversity is a key focus.
"We are very lucky to have someone of Kate's calibre and experience and I'm looking forward to her contributing to the co-op in her new role."
She will report to Hurrell and will be a member of the Fonterra management team.
