Fonterra appoints Singaporean Simon Israel to board

Thu, 18 Apr 2013

April 18 (BusinessDesk) - Fonterra Cooperative Group, the world's biggest dairy exporter, has appointed Singaporean director Simon Israel to its board to replace the retiring Ralph Waters. Israel will join the Fonterra board on May 1, replacing Waters who stayed on with the dairy group to help bed in the changes from the Trading Among Farmers regime. His appointment comes as Fonterra looks increasingly to emerging markets with growing appetites for protein-rich foods to grow its international revenue. Chairman John Wilson said Israel will o...

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