Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Fonterra - Senior Corporate Finance Appointment

Fonterra Makes Senior Corporate Finance Appointment

Mr Alex Duncan has been appointed Director, Corporate Finance, of Fonterra Co-operative Group Limited. He joins the company from professional services firm Andersen New Zealand, where he has been lead partner in the corporate finance practice. He will take up his new position in early March.

Fonterra’s Chief Financial Officer, Graham Stuart, said Mr Duncan had considerable experience in leading the provision of high quality corporate finance advice. “In his new role, he will also be able to draw from extensive involvement as an adviser in the dairy industry restructuring process over the past two years.

“Mr Duncan will be responsible, among other things, for developing strategies to optimise portfolio risk exposure, including capital structure, foreign exchange and commodity price risks. He will also be responsible for managing investor relations and for analysis of the impact of the company’s strategies on its value. Mr Duncan’s appointment highlights the central place in Fonterra’s strategy of exploiting new opportunities as well as prudently managing its risks,” Mr Stuart said.

Prior to joining Andersen New Zealand in 1998, Mr Duncan ran his own consulting practice. He previously spent several years in the New Zealand Treasury, and was involved in many of the micro-economic reforms of the 1980s.


© Scoop Media

Business Headlines | Sci-Tech Headlines


ScoopPro: Helping The Education Sector Get More Out Of Scoop

The ScoopPro professional license includes a suite of useful information tools for professional users of Scoop including some specifically for those in the education sector to make your Scoop experience better. More>>

Big Tax Bill Due: Destiny Church Charities Deregistered

The independent Charities Registration Board has decided to remove Destiny International Trust and Te Hahi o Nga Matamua Holdings Limited from the Charities Register on 20 December 2017 because of the charities’ persistent failure to meet their annual return obligations. More>>

57 Million Users' Data: Uber Breach "Utterly Preventatable"

Cybersecurity leader Centrify says the Uber data breach of 57 million customer and driver records - which the ride-hailing company hid for more than a year - was “utterly preventable”. More>>

Scoop 3.0: How You Can Help Scoop’s Evolution

We have big plans for 2018 as we look to expand our public interest journalism coverage, upgrade our publishing infrastructure and offer even more valuable business tools to commercial users of Scoop. More>>

Having A Cow? Dairy Product Prices Slide For Fourth Straight Auction

Dairy product prices fell at the Global Dairy Trade auction, retreating for the fourth straight auction amid signs of increased production... Whole milk powder fell 2.7 percent to US$2,778 a tonne. More>>


Statistics: Butter At Record $5.67/Block; High Vegetable Prices

Rising dairy prices have pushed food prices up 2.7 percent in the year to October 2017, Stats NZ said today. This followed a 3.0 percent increase in the year to September 2017. More>>


Science: New Research Finds Herbicides Cause Antibiotic Resistance

New University of Canterbury research confirms that the active ingredients of the commonly used herbicides, RoundUp, Kamba and 2,4-D (glyphosate, dicamba and 2,4-D, respectively), each alone cause antibiotic resistance at concentrations well below label application rates. More>>