'Strong platform to build from': Fonterra insider Richard Allen to be new CEO
Allen, a longtime Fonterra executive, will take over on May 1 as Hurrell stays on in an advisory role until September 2026.
- Fonterra Co-operative Group Ltd named Richard Allen as CEO, effective May 1, succeeding Miles Hurrell after his resignation in March.
- Hurrell departed after a 25-year career with the dairy co-operative, saying the time was right to leave; he will remain in an advisory role until September 2026 to support the transition.
- Allen joined the Business as a graduate in 2008, later leading Farm Source for five years and serving as President Atlantic in Chicago, responsible for global key accounts.
- Chair Peter McBride said Allen brings a "strong connection with farmer shareholders" and deep knowledge of Fonterra's global operations and markets.
- Committed to "maintaining the momentum in our performance," Allen aims to drive strategy and financial discipline for the New Zealand farmer-owned B2B dairy provider.
11 Articles
11 Articles
Allen appointed new Fonterra chief executive
Richard Allen has been appointed Fonterra Co-operative Group Ltd's next chief executive officer. Photo: Supplied / Fonterra via RNZ Richard Allen has been named as the new Fonterra chief executive officer, succeeding Miles Hurrell.
From MyMilk Founder to Fonterra CEO: Richard Allen to Guide Dairy Giant Towards Strategic Transition
read the original version on: www.retailnews.asia Fonterra, the world’s foremost dairy exporter, has concluded its internal hunt for a new Chief Executive Officer (CEO) by naming the veteran employee, Richard Allen, as successor. Richard Allen: The New CEO of Fonterra Richard Allen, who started his career path at Fonterra as a graduate in 2008, has recently held the position of president […] The post From MyMilk Founder to Fonterra CEO: Richard …
Coverage Details
Bias Distribution
- 75% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium




