New Zealand's dairy goat industry has the potential to deliver $480 million in economic contribution by 2024.
Hemara, who joined DGC in 2014 as general manager strategy and commercial, takes over the new role next month from Tony Giles.
Hemara has over 20 years of commercial and executive experience in New Zealand agritech, including the role of chief operating officer of LIC. He also has experience in operations management, marketing, laboratory management and general management.
He holds a Master of Management (Victoria University) specialising in Strategy.
DGC chairman Campbell Storey says it is pleasing that a current member of the co-op’s executive team was successful in being selected as next chief executive.
“Following an extensive, externally led four month recruitment process that assessed both internal and external candidates. David takes on the CEO role with the full support of the board, and brings the right mix of commercial experience and strategy focus to drive our future growth. We are confident he will continue the results that Tony has achieved over the last four years,” says Storey.
DGC specialises in manufacture and export of goat milk nutritional formulas for infants.