Milk producer Fonterra said on Friday Chairman John Wilson has resigned from his position with immediate effect over concerns regarding his health.
Fonterra’s board has selected company veteran John Monaghan as the co-operative’s new chairman.
Monaghan has been on the dairy firm’s board since 2008 and has played a key role in the search of a new chief executive, Fonterra said in a statement.
“Within the last month Mr Wilson has undergone a significant surgery and will require on-going treatment,” it added.
Earlier this year, Fonterra had flagged that Chief Executive Theo Spierings will leave his role later this year as part of a planned succession process.
Monaghan’s appointment comes at a time when global dairy prices have been depressed by increased production.
By Aditya Soni
Source: Reuters
Danone has appointed Carla Hilhorst to the newly created position of senior vice president of research and innovation categories and zones, as the company looks to make science the heart of its business. Hilhorst, who brings over 30 years of experience in research and innovation, will report directly to Isabelle Esser, Danone’s chief research, innovation, quality and food safety officer.
The move, part of Pernod Ricard’s strategy to enhance its premiumisation efforts, will allow the company to focus more resources on its portfolio of premium international spirits and champagne brands that drive the growth of its business. This decision aligns with the company’s commitment to delivering sustainable value for shareholders, employees, clients and partners.
Schai – who is the current CEO of Swiss chocolate company Lindt & Sprüngli’s Australian operation – has previously worked with Aryzta from 2015-2018, where he served in roles including managing director for Asia Pacific and global strategic business lead (McDonald’s). The fast-food giant McDonald’s is one of Aryzta’s significant clients.