Yili the key to reversing Westland red ink

Richard Wyeth says things are looking up for Westland. (Image: supplied)

Wed, 30 Mar 2022

Westland Dairy Company’s books are in the red, but its new chief executive is confident it’s on the right path.“The business has been obviously underperforming since about 2015, which led to the acquisition by Yili. I’ve been with the business now for 12 months and we are very much in a reset phase,” CEO Richard Wyeth told BusinessDesk. Wyeth was the founding CEO of Miraka prior to moving to Westland. Inner Mongolia Yili Industrial Group bought the cash-strapped West Coast dairy company in August 2019 for...

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