Why Fonterra's CFO left so soon

Why Fonterra's CFO left so soon
Beaumont transferred from Canada for the CFO role in February. (Image: NZME)
Riley Kennedy
Neil Beaumont quit Fonterra after less than a year over incompatible working relationships in the wider team, BusinessDesk understands. The dairy co-op announced Beaumont’s resignation as its chief financial officer earlier this week in a three-line statement that has raised more questions for dairy sector observers than it answers. It gave no explanation for his swift departure except for saying his last day was on Friday. On Wednesday, a Fonterra spokesperson said that they had nothing further to add. However, Busine...

More Primary Sector

Job cuts on the table at embattled BX Foods
Primary Sector

Job cuts on the table at embattled BX Foods

The meat processor operates a plant in Oamaru.

Riley Kennedy 25 Jul 2024
Foresta parts ways with managing director Ray Mountfort
Primary Sector

Foresta parts ways with managing director Ray Mountfort

The company assured shareholders plans for a biomass plant in Kawerau are on track.

Greg Hurrell 25 Jul 2024
NZ raises its concerns with EU over deforestation regulation
Primary Sector

NZ raises its concerns with EU over deforestation regulation

The regulation is tipped to pose “quite significant burdens”.

Riley Kennedy 25 Jul 2024