Elisa Giusti’s appointment is effective from 15 June, the remainder of the structure will take effect from 3 August 2026.
Fonterra ramps up Southeast Asia foodservice growth as dairy demand rises across emerging Asian markets.
These interim changes will remain in place until the permanent structure is confirmed.
China’s government has been actively encouraging higher dairy consumption to improve nutrition levels.
Richard will step into the CEO role on 1 May 2026, with Miles staying with Fonterra in an advisory role until September 2026 to assist with the leadership transition.