Fonterra has consolidated its core operations into a single strategic business unit and reorganized its senior management team accordingly.
July 2, 2009
Fonterra has consolidated its core operations into a single strategic business unit and reorganized its senior management team accordingly. Fonterra’s CEO, Andrew Ferrier, said the changes were designed to drive greater efficiencies in the core business and to give greater focus to the company’s global ingredients business. The consolidated business unit, Fonterra Operations and Trade, brings together all functions from the farm gate through to Fonterra global trade customers. This includes Milk Supply, Shareholder Relations, Milk Collection, NZ Operations, Offshore Milk Sourcing and Processing (other than those activities already within existing business units), Supply Chain, Sustainability, Government Relations, and Global Trade. According to Ferrier, the new structure allows for a more intense focus on efficiency in the core business, enabling it to better serve Fonterra’s global customer base and strengthen global customer partnerships.
The new unit will be led by Gary Romano as Managing Director of Operations and Trade. Romano was formerly Fonterra’s Director of Group Manufacturing and Supply Chain. He brings to his new role a strong track record of lifting performance across Fonterra’s Manufacturing and Supply Chain Functions, and 12 years experience in the New Zealand dairy industry. Andrei Mikhalevsky has been named Managing Director of Fonterra Global Ingredients and Foodservices. The Global Ingredients’ product portfolio ranges from commodities used in high-value markets to specialized dairy ingredients and foodservice products. He has been with Fonterra for two years, and has been instrumental in strengthening Fonterra’s relationships with key customers across its Ingredients and Foodservices businesses.
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