Fonterra has announced changes to its management team to support the next phase of its strategic delivery.   
Fonterra-tweaks-management-team
Fonterra is shaking things up! Mike Cronin will dive into divestment, and Matt Bolger is back to lead. File photo.

Shuffle will ‘support next stage of strategic delivery’.

Fonterra has announced changes to its management team to support the next phase of its strategic delivery.

Managing director of co-operative affairs Mike Cronin has been leading the potential consumer divestment process and will now dedicate his focus to this project full time.

Former Fonterra alumni Matt Bolger will return to the co-op and take over Cronin’s previous role from March 2025.

Bolger spent more than 18 years with Fonterra in a variety of roles, including general manager capital strategy and director of farmer services, as well as time leading global sales teams offshore.

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Synlait, a prominent player in the global dairy industry and majority-owned by China’s Bright Dairy, has revised its milk price forecasts to align with the mid-point of Fonterra’s predictions.

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