Fonterra steps up work on potential consumer business divestment

Exploring options for the potential divestment of its Consumer businesses is one of the most important projects Fonterra has undertaken, CEO Miles Hurrell says. (Image: NZME)

Staff reporters

Thu, 10 Oct 2024

Fonterra Co-operative Group is stepping up work on its potential consumer business divestment process.Managing director co-operative affairs Mike Cronin has been leading the potential consumer business divestment process and will now dedicate his focus to this critical project full-time, Fonterra said. Cronin has been managing director co-operative affairs since 2014. He will remain with the co-op until the potential divestment process is concluded.Bolger returnsFormer Fonterra alumni Matt Bolger will return to Fonterra and step into...

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