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Rowe will replace current chief financial officer Marc Rivers who is leaving the co-op at the end of the year.
Fonterra chief executive Miles Hurrell says Rowe has worked for Fonterra since 1988.
He has undertaken numerous commercial and financial leadership roles within the co-op and is currently Fonterra’s group finance director.
“Chris is a highly competent leader, who has considerable knowledge of the co-op and the management of its physical and financial portfolios, as well as mergers and acquisitions,” Hurrell says.
“The recruitment process for a permanent CFO is well underway and I hope to announce the successful candidate in the coming months,” says Hurrell.
Rowe will join the Fonterra Management Team as the acting chief financial officer from 1 October 2022, and Marc Rivers will move into the strategic advisor to the CEO role from 1 October 2022 until his departure from the co-op.