CORRECT: Fonterra coy on use of McKinsey & Co as external advisers in review of management performance

Sun, 07 Jun 2015

(Fixes typo in 2nd graph, forecast in 6th graph) By Fiona Rotherham June 8 (BusinessDesk) - Fonterra Cooperative Group won’t confirm consulting firm McKinsey & Co is participating in a review of management performance at the world’s largest dairy exporter, even though its shareholders' council has praised the appointment. The review was referred to obliquely in April as part of an announcement that Fonterra management team member Jacqueline Chow was being appointed to a new role – chief operating officer, Velocity, in charge of driving...

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