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

 

Fonterra Corporate Finance Management Team

April 23, 2001

Fonterra Corporate Finance Management Team Now In Place

Craig Stephen has been appointed Associate Director, Corporate Finance for Fonterra Co-operative Group Ltd, the company announced today. Mr Stephen will report to Alex Duncan, Director, Corporate Finance.

Mr Stephen has extensive experience in capital structuring, debt restructuring and risk management, in the dairy industry and corporate banking environments.

Most recently, he has worked as a member of the finance integration team since the formation of Fonterra in October last year. During this time, he was instrumental in leading a number of key finance projects including the successful NZ$200 million issue of Fonterra Capital Notes.

Mr Stephen was Group Treasurer at Kiwi Co-operative Dairies Limited for five years, a time of significant growth for the company leading up to the merger of the dairy industry. Prior to this, he worked in a number of corporate banking roles with Westpac in New Zealand from 1992 to 1996.

The Fonterra corporate finance team is responsible for developing strategies to optimise portfolio risk exposure, including capital structure, foreign exchange and commodity price risks. It is also responsible for investor relations and for analysis of the impact of the company's strategies on its value

Mr Stephen's appointment is effective immediately. He will be based at the Fonterra Corporate Centre in Auckland.

END

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Elsewhere:


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>

ALSO:


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>

ALSO:

Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>