date:Sep 27, 2019
Fonterra Chairman John Monaghan.
Additionally, Fonterra will now prioritize New Zealand milk and complementary components instead of focusing on global milk pools. There will also be an increased emphasis on improving its environmental footprint to help mitigate risks associated with climate change.
A new operating model will see the company move from two large, central businesses (Ingredients, and Consumer and Foodservice) to three in-market customer-facing sales and marketing business unit