Friday, 30 November 2012 09:59

Business units brought together

Written by 

Fonterra is combining its Australian New Zealand (ANZ) and ASEAN/Middle East/North Africa businesses to form a single Asia Pacific/Middle East/Africa (APMEA) business unit.

A change to its senior management team arises from this reorganisation of its consumer businesses across the Asia Pacific region.

The managing director APMEA will be Mark Wilson, Fonterra's existing managing director ASEAN/MENA. The appointment takes effect in January.

After six years of working in Melbourne away from his Sydney based family, Fonterra's managing director ANZ, John Doumani, has indicated that he will take the opportunity to leave the cooperative and pursue opportunities outside Fonterra. He will assist in the transition period and will leave at the end of March next year.

Fonterra chief executive Theo Spierings says the move was part of the cooperative's strategy to grow its consumer businesses: "Our businesses across Asia Pacific represent around 40% of our earnings and are vital to the cooperative. There are big growth opportunities in the emerging markets of Asia and Middle East, and some challenges to address in our home markets of Australia and New Zealand and our strategy requires us to address both.

"Mark Wilson is a very experienced global business leader who has grown our Asian business from strength to strength and we know he will do a great job in this expanded new role."

More like this

Misguided campaign

OPINION: Last week, Greenpeace lit up Fonterra's Auckland headquarters with 'messages from the common people' - that the sector is polluting the environment.

Aussie farmers get A$8.60/kgMS as opening milk price

Australian dairy farmers supplying Fonterra are getting an opening weighted average milk price of A$8.60/kgMS for the new season or around NZ$9.26/kgMS -  NZ74c less than New Zealand suppliers, based on the current exchange rate.

Featured

Brendan Attrill scoops national award for sustainable farming

Brendan Attrill of Caiseal Trust in Taranaki has been announced as the 2025 National Ambassador for Sustainable Farming and Growing and recipient of the Gordon Stephenson Trophy at the National Sustainability Showcase at in Wellington this evening.

National

Machinery & Products

Calf feeding boost

Advantage Plastics says it is revolutionising calf meal storage and handling, making farm life easier, safer, and more efficient this…

JD's precision essentials

Farmers across New Zealand are renowned for their productivity and efficiency, always wanting to do more with less, while getting…

» Latest Print Issues Online

The Hound

Don't hold back!

OPINION: ACT MP Mark Cameron isn’t everyone’s cup of tea, but he certainly calls it how he sees it, holding…

Sorry, not sorry

OPINION: Did former PM Jacinda Ardern get fawning reviews for her book?

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter