14 Jul 2011

New chief executive appointed by Fonterra

12:37 pm on 14 July 2011

Fonterra has appointed a new chief executive.

Theo Spierings will replace Andrew Ferrier from late September.

Mr Spierings led the Dutch farmer dairy co-operative, Royal Friesland Foods, into a merger with Campina in 2008.

Fonterra says he brings 25 years of knowledge of the global dairy industry, with experience in managing dairy businesses across Asia, Latin America, Africa, the Middle East and Europe.