Fonterra reshuffles management team to speed up value-add strategy

Fonterra reshuffles management team to speed up value-add strategy
By Fiona Rotherham April 24 (BusinessDesk) - Fonterra Cooperative Group, the world’s largest dairy exporter, has changed two senior management roles in a bid to push its value-add strategy harder in the wake of shareholder criticism over its weak half-year financial results and lower forecast dairy payout. Jacqueline Chow, who is currently managing director global brands and nutrition, is stepping into a newly-created role of chief operating officer velocity, from June 1, where she’ll work with the management team to boost performance acr...