Key Appointment For Fonterra Global Operations

18 October 2005

Key Appointment For Fonterra Global Operations

Fonterra today announced two key appointments that will further strengthen its manufacturing capabilities.

Gary Romano joins Fonterra in November in the position of Director Group Manufacturing. He will be responsible for leading the drive to achieve world-class standards of productivity, quality, safety, cost-effectiveness, service, and environmental performance across all Fonterra's manufacturing sites. In addition, he will focus on manufacturing's need to be responsive and flexible to support the development of a strong brands business.

At the same time, Max Parkin will become Director International Manufacturing. He will be responsible for Fonterra's manufacturing interests outside New Zealand - those it operates directly and through joint ventures - and developing and implementing new business opportunities offshore.

Fonterra Chief Executive Andrew Ferrier says both individuals command respect in the dairy industry.

"Gary Romano has an extensive background in dairy manufacturing in New Zealand and South America, and a proven track record in improving business efficiency. He is experienced at leading large teams through periods of change, including company mergers and acquisitions, the commissioning of significant new plant, and the formation of Fonterra.

"Gary has previously held positions as Group General Manager of Anchor Products (a business unit of legacy company New Zealand Dairy Group), and more recently as Operations Director for Dairy Partners of America.

"Max Parkin has held the position of Director Operations since the formation of Fonterra and has been Acting Director Group Manufacturing since June 2005. He also has a long and distinguished track record in the dairy industry.

"These two appointments will make an invaluable contribution to two key strategic themes driving our business: being the world's lowest cost supplier of dairy products, and being the leading global dairy product marketer," said Mr Ferrier.

ENDS

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