Chinese dairy giant Yili will pay $588 million for dairy co-op Westland Milk, it was announced overnight.
A Canadian native and Christchurch resident, Esposito has over 20 years of international experience and was previously general manager export at Solid Energy New Zealand. His experience is in operations, risk management and strategy development, and he has a passion for environmental performance and safety.
“Ravensdown is clearly focused on the future of farming in NZ and leading the way in providing innovative solutions. I’m looking forward to the opportunities that lie ahead,” says Esposito.
He will see to the three manufacturing facilities and nine agri lime quarries. Superphosphate is made at Napier, Dunedin and Christhurch and the operations team employs 176 permanent personnel.
Greg Campbell, Ravensdown chief executive, says the quality of candidates was exceptional.
“We are helping farmers reduce their environmental impact and optimise value from the land, so we have to consider and mitigate our own operations’ impacts.
“Stephen brings a wealth of experience and a personal commitment to improving our environmental performance.”