Spierings reshuffles Fonterra management team again, creates new consumer, foodservice unit

Thu, 16 Jun 2016

By Tina Morrison June 17 (BusinessDesk) - Fonterra Cooperative Group chief executive Theo Spierings has reshuffled the roles of some of his top managers for the third time in a year in changes he says will sharpen the commercial and customer focus at the world's largest dairy exporter. Last year, Fonterra laid off 835 staff as it restructured the business after drafting in corporate consulting firm McKinsey & Co for advice on creating a leaner business. The milk processor is heading into the third season of low milk prices amid a global o...

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