Why Fonterra's CFO left so soon

Beaumont transferred from Canada for the CFO role in February. (Image: NZME)

Fri, 03 Nov 2023

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...

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