Fonterra has announced that Chris Rowe will be the Acting Chief Financial Officer (CFO) to replace current CFO Marc Rivers, who is leaving the Co-operative at the end of 2022.
Rowe has worked at Fonterra since 1988, has undertaken several commercial and financial leadership roles over the years and is currently the Group Finance Director.
"Chris is a highly competent leader, who has considerable knowledge of the Co-op and the management of its physical and financial portfolios, as well as its mergers and acquisitions," said Miles Hurrell, Chief Executive.
Rowe will join the Fonterra Management team as the Acting CFO from October 1, while Rivers moves into the role of Strategic Advisor to the CEO until his departure.
"I am pleased that Chris has agreed to act as our CFO, and he will continue to provide strong direction and leadership while we continue our recruitment process for a permanent CFO. The recruitment process for a permanent CFO is well underway, and I hope to announce the successful candidate in the coming months."
