MIDDAY UPDATE: Fonterra coy on McKinsey review

Mon, 08 Jun 2015

By Paul McBeth June 8 (BusinessDesk) - Fonterra Cooperative Group, the world's biggest dairy exporter, isn't saying whether it's hired consulting firm McKinsey & Co to review its management performance, even though its shareholders' council has praised the appointment. The dairy group muttered about the review in April as part of an announcement that Jacqueline Chow was being appointed to a new role - chief operating officer, Velocity, in charge of driving the value add side of the business harder, though she has declined to say whether M...

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