Global Dairy Trade (GDT) appoints Lloyd Cartwright as new Chief Executive Officer

NEW ZEALAND – Global Dairy Trade (GDT) has announced the appointment of Lloyd Cartwright as its new Chief Executive Officer, marking the beginning of a new leadership chapter for the international dairy trading platform.

With a career spanning over two decades in financial markets and corporate leadership, Cartwright brings significant expertise in global trade, risk management, and market development.

His experience includes senior roles at institutions such as Westpac, National Australia Bank, and China Construction Bank (New Zealand), alongside leadership positions in fintech and governance roles in both public and private sectors.

Before joining GDT, Cartwright served as CEO and Executive Director at Momentum Life and held advisory and board positions across the financial services and insurance sectors. His professional background reflects a strong focus on innovation, compliance, and long-term strategic growth.

Lloyd Cartwright takes over at a critical juncture, with the Indian dairy industry and other emerging markets closely watching global price trends and digital trading developments that influence domestic milk procurement and exports.

Commenting on his appointment, Lloyd said, “I’m honoured to be joining GDT at such a pivotal time. GDT plays a critical role in global dairy markets, and I look forward to working closely with our customers and the team to unlock new opportunities for innovation and growth.” 

Dairy Goat Co-operative appoints New CEO

In 2024, Dairy Goat Co-operative (DGC) announced the appointment of a new chief executive officer (CEO) as the company grapples with financial difficulties.

Alastair Hulbert, a marketing degree holder from Massey University, will assume the CEO position on May 20, succeeding David Hemara who recently departed from the co-operative.

In the interim period, former CEO Tony Giles will serve as acting CEO until Hulbert assumes the role permanently.

Reports indicated that DGC requires a cash injection to ensure its viability, prompting measures such as a reduction in milk supply by one-third for the upcoming season, which has garnered mixed reactions from farmer shareholders.

Hemara, commenting on the decision, cited the need to align milk supply with forecasted product sales amidst changing market dynamics, including declining birth rates globally and shifts in sales channels, particularly the Daigou informal sales channel to China.

Acknowledging the challenges posed by the global supply/demand situation for goat milk, Hemara emphasized the need for adjustments to better balance supply with market demand.

In March, Hemara told Rural News that DGC has advised its shareholder suppliers that it will call for less milk in the 2024/24 season than shareholders would normally expect to supply.

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