Synlait CEO Resignation Highlights Deeper Challenges Facing Dairy Processor
A revolving door of chief executives at milk processor Synlait is a warning sign, says Lincon University senior lecturer in agribusiness Nic Lees.
Richard Wyeth, Westland Milk Products' new chief executive-elect says he is looking forward to running the company.
The chief executive-elect of Yili-owned Westland Milk Products Richard Wyeth says he’s looking forward to the challenge of running the company.
For the past eleven years Wyeth has headed up Miraka, the highly successful Maori-owned dairy company based in Taupo. He says he wasn’t actively looking for a change but says the opportunity to move was timely and a chance to advance his career.
Wyeth says Westland is a really iconic company and when he went down to Hokitika for the 75th celebrations of company, he was suitably impressed.
“I was really impressed with the people on that visit. It’s a good sized business with 700 staff and it’s a real challenge to get involved. The operation is unusual in that the milk collection area extends over 600 kilometres and that is a challenge in itself. It’s phenomenal when you think of the distance that milk has to be collected and the different climatic conditions within that area,” he says.
Wyeth says his experience in dealing with China in his present role at Miraka was probably a factor in being headhunted for the role at Westland.
He says he’s been travelling to China for 13 years now and he finds it quite ironic that the first dairy company he visited when he went to Mongolia was Yili.
“I have always been super impressed with Yili as a company. Their attention to detail in China is second to none,” he says.
Wyeth is under no illusions that West Coast dairy farmers have high expectations about what he might do for the company, which has struggled over the years.
His first task is to look at the strategy of the company and get a good understanding of the business before thinking about making changes. He says Westland has had challenges with capital structure, but this has now been resolved. He says the milk price is also locked in.
“So I am looking forward to the opportunity to execute the new strategy and see how I can build the business,” he says.
Wyeth will start with Westland at the end of February.
A Palmerston North shearer has been sentenced to six months' community detention and 12 months' supervision after being found to have physically abused three lambs while shearing them.
Power Farming has launched a joint venture in Southland.
Food rescue charity Meet the Need has released its 2025/26 Impact Report, revealing a record year of growth alongside a stark warning: demand for food support across New Zealand is rising faster than supply can keep up.
As we move into the second half of 2026, the Tractor and Machinery Association (TAMA) reports that Year-to-Date figures ending June 30 saw new tractor deliveries hitting 1,386 units or 10.7% ahead of the same period in 2025.
The avocado sector is entering the new season with a larger crop and positive market opportunities.
New Zealand growers have always adapted to changing conditions, but one challenge is steadily gaining ground across the horticulture sector: resistance.
OPINION: The Irish dairy sector is facing a new dilemma - maintaining year-round fresh milk supplies.
OPINION: Could beef cows play an increasingly important role in improving profitability and resilience on hill country farms?