Friday, 21 June 2024 09:19

Fonterra announces executive team changes

Written by  Staff Reporters
Richard Allen Richard Allen

Fonterra has appointed two new members to its management team, as part of the co-op’s “step-change in strategic direction”.

Richard Allen, Fonterra’s Atlantic division president, has been appointed to the role of president of global markets ingredients.  René Dedoncker, Fonterra’s managing director Oceania, has been appointed to the role of managing director global markets consumer and foodservice. 

Co-operative Group Ltd has today announced the internal appointment of two new management team members to help lead the Co-op’s and announced an executive team member moving into a new role.

 Chief executive Miles Hurrell says both Allen and Dedoncker are experienced leaders who know the co-op well and their appointments to the Fonterra management team demonstrates the depth of capability within the co-op. 

 Allen has been with Fonterra since 2008 and has held several significant roles across the business during this time, including leading its foodservice business in Greater China and the Farm Source business in NZ.

“In his current role as President Atlantic, Richard is responsible for Fonterra’s operations across the Americas and Europe as well as our top global Ingredients accounts,” says Hurrell.

Rene Dedoncker 4 FBTW

René Dedoncker

“Richard has a sharp commercial mind and I look forward to seeing how he deepens our strategic customer relationships and drives further value through our Global Markets Ingredients business.

 Dedoncker has been with the co-op since 2005 and has held several global leadership positions during that time. He has led the Australian business since 2017, including through its recent merger with Fonterra Brands New Zealand to form Fonterra Oceania. 

 “In this new role, René will provide leadership to our Global Markets Consumer business during the potential divestment process, with a focus on continuing to drive performance. René will also lead development and delivery of the strategic growth plans for our Foodservice business outside of Greater China. 

 “I congratulate both Richard and René on their appointments to the Fonterra Management Team and welcome their expertise as we deepen our position as a world-leading provider of high-value, innovative dairy ingredients,” says Hurrell. 

 The appointments will be effective from 1 August 2024. The two roles replace the role of global markets CEO held by Judith Swales, who leaves the co-op at the end of next month.

More like this

So very '90s!

OPINION: In a to the 1990s, our old mates at Greenpeace continued their crusade against affordable food by abseiling down the side of Fonterra’s Te Rapa factory and unfurling a big banner.

Sour grapes

OPINION: It seems Greenpeace is upping its long-running but ineffective public campaign against Fonterra.

Bolger to rejoin Fonterra

Matt Bolger, the Pro Vice-Chancellor of The University of Waikato Management School, is joining Fonterra’s management team from March next year.

Miraka lifts milk price

Taupo-based dairy company Miraka has lifted its forecast milk price for the season to $9.17/kgMS.

Featured

Bluetongue on the march

While unrecorded in New Zealand, Bluetongue, an acute viral disease in ruminants, is endemic in tropical and sub-tropical climates.

National

Waiting and hoping

A lot depends on what happens in the next few months. That's the view of Federated Farmers Otago president, Luke…

Machinery & Products

New F5 balers from McHale

Irish grassland machinery manufacturer McHale has unveiled the new four-model range of F5 fixed chamber balers.

» Latest Print Issues Online

The Hound

'Mea culpa'

OPINION: The Reserve Bank’s rate cut is great news, albeit a bit late, but your old mate agrees with Act…

Fast tracked

OPINION: While the Government’s Fast Track bill is copping it from all the usual suspects – opposition parties, greenies, unions…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter