Fonterra Australia should be profitable in the next year, says new Oceania managing director

Fonterra Australia should be profitable in the next year, says new Oceania managing director
Fiona Rotherham
By Fiona Rotherham Nov. 12 (BusinessDesk) - Fonterra Australia should become profitable in the next year, says Judith Swales, who runs the Australian operations of the New Zealand dairy giant and is the new boss for the cooperative's Oceania consumer brands division. Swales took up her new role as managing director Oceania at the beginning of the month, leading a new unit that adds New Zealand consumer brands including Tip Top to Fonterra’s Australian segment. She has been the cooperative’s managing director Australia since 2013, after ha...