The co-op said it was changing its management team roles for those responsible for driving end-to-end value through Fonterra’s global foodservice and ingredients businesses.
Richard Allen will lead Fonterra’s global ingredients business as president ofglobal ingredients, with his remit expanding to include the co-op’s ingredients businesses in Greater China and Middle East/Africa.
Richard Allen will lead Fonterra's global ingredients business. Photo / Supplied
Allen had been leading Fonterra’s ingredients business across markets including North America, North Asia, Asia Pacific and Europe.
Teh-han Chow will lead Fonterra’s global foodservice business as president for global foodservice with his remit expanding to include the co-op’s foodservice businesses in Southeast Asia, Middle East Africa and other markets.
Chow will continue as the CEO for Greater China.
“This is an exciting time for the co-op as we shift to the front foot and drive greater value creation through our high-performing foodservice and ingredients businesses,” chief executive Miles Hurrell said.
“Enabling our teams to have a clear end-to-end view of our channels will strengthen their ability and focus to deliver end-to-end value to our farmer shareholders.
“Both Richard and Teh-han have extensive knowledge across these channels, and I know they are well placed to lead these teams to help the co-op deliver our strategic goals.”
