Fonterra reshapes Global Ingredients leadership ahead of CEO transition

Fonterra Co-operative Group Limited ( (NZ:FCG) ) has provided an update.

Fonterra Co-operative Group Limited has announced interim leadership changes in its Global Ingredients division ahead of current President Global Ingredients Richard Allen’s transition to the CEO role on 1 May 2026. Executive Vice President Global Ingredients Growth Elisa Giusti, based in Chicago, will become President Global Ingredients Growth, taking oversight of risk, pricing and optimisation, innovation, science and technology, and R&D, while Dubai-based regional president Gaby Amade will become President Global Ingredients Sales and Operations, leading ingredients teams across Greater China, the Americas, Oceania and North Asia, with both executives joining Fonterra’s management team under a temporary structure pending confirmation of a permanent setup.

The appointments concentrate strategic and operational control of Fonterra’s ingredients business in two senior leaders, signalling a bid to maintain continuity and sharpen focus on growth and global sales execution during the CEO handover. The interim structure may help stabilise key customer relationships and internal processes across major markets while the co-operative finalises its long-term organisational design for the ingredients segment.

More about Fonterra Co-operative Group Limited

Fonterra Co-operative Group Limited is a New Zealand-based dairy co-operative and one of the world’s largest exporters of dairy products. The company’s Global Ingredients business supplies dairy ingredients and solutions to food and beverage manufacturers across key regions including Greater China, the Americas, Oceania, North Asia, the Middle East, Africa, Europe and Southeast Asia.

Average Trading Volume: 277,058

Technical Sentiment Signal: Hold

Current Market Cap: N$7.51B

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