Monday, 20 March 2017 11:19

Synlait’s number cruncher wins top gong

Written by 
Casey Blatch. Casey Blatch.

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.

More like this

Synlait's back

OPINION: After years of financial turmoil, Canterbury milk processor Synlait is now back in business.

Wyeth to head Synlait

Former Westland Milk boss Richard Wyeth is taking over as chief executive of Canterbury milk processor Synlait from May 19.

Synlait sweetens milk supply deal

Canterbury milk processor Synlait is confident of retaining its farmer supplier base following a turnaround in its financial performance.

Featured

Big return on a small investment

Managing director of Woolover Ltd, David Brown, has put a lot of effort into verifying what seems intuitive, that keeping newborn stock's core temperature stable pays dividends by helping them realise their full genetic potential.

Editorial: Sensible move

OPINION: The Government's decision to rule out changes to Fringe Benefit Tax (FBT) that would cost every farmer thousands of dollars annually, is sensible.

National

Machinery & Products

» Latest Print Issues Online

Milking It

Cuddling cows

OPINION: Years of floods and low food prices have driven a dairy farm in England's northeast to stop milking its…

Bikinis in cowshed

OPINION: An animal activist organisation is calling for an investigation into the use of dairy cows in sexuallly explicit content…

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter