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

 

Global Search For A Chief Executive Officer.

For Immediate Release
20 December, 2002

The Board of Fonterra Co-operative Group is commencing a global search for a Chief Executive Officer.

This decision is in line with a formal agreement made between the two legacy companies at the time of the dairy industry merger, to establish the calibre of candidates available internationally at the end of Mr Craig Norgate's two year fixed contract.

Mr Norgate has been asked by the Board to take part in the process. Mr Norgate's contract expires next July, triggering the agreement.

Chairman Mr Henry van der Heyden said he and his Board had complete confidence in Mr Norgate.

"However, we are all in agreement that we have a responsibility to identify what the international market has to offer."

Mr van der Heyden said that neither he nor his Chief Executive would be making any further comment on this issue until the process was complete in the middle of next year.

-ends-


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 



Air New Zealand: Relaunching 14 International Routes In 16 Days

Air New Zealand is gearing up for the busiest July in two years with the relaunch of 14 international routes in 16 days... More>>



Inland Revenue: Update On Hidden Economy Real Estate Campaign

The Inland Revenue campaign focussing on the real estate sector has resulted in a drop in the amount of private expenses claims being made... More>>



Westpac: Consumer Confidence Plummets To Record Lows As Financial Pressures Mount

The Westpac McDermott Miller Consumer Confidence Index dropped sharply in the June quarter, falling 13 points to a level of 78.7... More>>


BusinessNZ: NZ Economy - Prevailing Headwinds
The latest BusinessNZ Planning Forecast reveals business and consumer confidence is low, with factors at home and abroad hampering our recovery... More>>


Specialist Cheesemakers Assn: Shared Cheese Heritage Should Be Shared Not Stripped

As the EU-New Zealand FTA advances New Zealand cheesemakers are urging both Governments to recognise and celebrate the shared cheesemaking heritage that exists between European countries and New Zealand... More>>

Download Weekly: $60 million for more rural connections
David Clark, the digital economy and communications minister, announced the government will spend $60 million to further improve rural connectivity over the next few years... More>>