Synlait ups forecast milk price
Embattled milk processor Synlait is the latest to increase its forecast base milk price for the 2024/25 season.
Maury Leyland, Fonterra's managing director of people, culture and safety, and member of Fonterra's Management Team has resigned for personal reasons.
Fonterra chief executive Theo Spierings says: "I want to thank Maury for her significant contribution and commitment to Fonterra over the past 11 years, she has really made a difference to our co-op.
"During this time Maury has been involved in some defining events for our co-op. Highlights include Maury's work on the launch of the Fonterra Shareholders' Fund, working closely with me on the development of our V3 strategy and developing a comprehensive people strategy to deliver to our ambition.
"Maury also stepped up to work closely on the WPC80 precautionary recall as spokesperson and lead of our response. More recently, Maury led our response to the 1080 contamination threat.
"I will miss Maury's support which has been invaluable to me, and on behalf of Fonterra, I wish Maury all the very best for the future.
"The process to appoint Maury's successor is underway," says Spierings.
Leyland's resignation is effective March 31.
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Troubled milk processor Synlait has dropped plans to sell its Pokeno milk plant in Waikato. However, it will consider offloading the plant if a “compelling offer” was made.
In a breakthrough for New Zealand wool technology, woollen air filters by local company Lanaco, will be used by Unilever-owned air purifier manufacturer Blueair.
Four New Zealand farmers have been selected as finalists in this year’s Zimmatic Trailblazer Sustainable Irrigation Awards.
Anglers are at loggerheads with an environment group over its plans for a new conservation system.
A complaint by Synlait founder John Penno over the listed milk processor’s recapitalisation plan has been dismissed by regulators.
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