Synlait's CFO Rob Stowell takes new role

Synlait's chief financial officer, Rob Stowell, has been appointed to the newly created role of chief commercial officer.

Stowell will continue to be responsible for information services, risk, legal, and governance, and will also take on additional responsibilities including the sale of Dairyworks, the North Island strategic assets review, a potential equity raise, and the banking syndicate relationship.

Charles Fergusson has been appointed as the acting CFO.

Synlait has now begun the search for a permanent CFO.