Fonterra Co-operative Group Limited has announced the appointment of Alistair Field as a new Appointed Director.
Field will join the Fonterra Board as an Independent Director on the 1st of November 2024.
Based in Australia and with 30 years of experience in mining, metals, manufacturing, and logistics, Field has been a Non-Executive Director of BlueScope Steel Limited and Alcoa Corporation and previously served on the board of Alumina Limited, a wholly-owned subsidiary of Alcoa Corporation.
Before commencing his governance career, Field was the Chief Executive Officer and Managing Director of ASX-listed Sims Limited, which was based in the United States and Australia.
He also held a number of senior leadership positions, including Director of the Patrick Terminal & Logistics division of Asciano Limited and Chief Operating Officer of Rio Tinto’s Bauxite and Alumina Division.
Chairman Peter McBride said the Co-operative's Board welcomed Field, who brought an international mindset and extensive operational, corporate, and industry experience.
“Alistair presents as a grounded and authentic leader. In his conversations with the Board, he has demonstrated an understanding of our cooperative mindset and empathy toward the challenges and aspirations of farmers,” said McBride.
“Alistair’s deep international experience includes markets strategically important to Fonterra, including China, Southeast Asia, and the Middle East. He’s had significant exposure to initiatives that enhance sustainability and commercial outcomes in the productive industries, which is relevant to our Co-op’s pathway and commitments in that area.”
Field filled the vacancy Scott St John left when he retired from the Fonterra Board in March. Farmers will be asked to ratify their appointment as part of the voting at this year's Annual Meeting on the 14th of November.
By the Fonterra Shareholders' Market Rules, the Board of Fonterra Co-operative Group Limited has determined that Field will be an Independent Director.
The Independent Directors of the Manager of the Fonterra Shareholders' Fund support Field’s appointment.
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