Fonterra's managing director of the Asia Pacific/Middle East/Africa unit (APMEA) Mark Wilson will leave at the end of the month to attend to "family health matters" after overseeing a management restructure of the regional business.
Chief executive Theo Spierings says Mr Wilson has overseen the creation of the new APMEA unit in November when the Australia and New Zealand businesses were bundled with the ASEAN/Middle East/North Africa unit to drive "synergies and scale" in the dairy exporter's consumer business.
Fonterra has started looking for a replacement.
"It has been a big undertaking and with all the key management now in place for APMEA, Mark has decided due to some family health matters that the time is right for him to leave the co-operative, which he will do at the end of April," Mr Spierings says.
The unit's new leadership was confirmed today with the appointment of former Heinz Australasian executive Judith Swales as managing director Australia.
The creation of the larger regional unit prompted the exit of Australia New Zealand managing director John Doumani.
Under new chief Mr Spierings, Fonterra expanded its senior management team with a greater regional focus to latch on to opportunities in emerging markets.
Management previously operated under large silos headed by a handful of executives and the dairy exporter wanted to reduce the complexity and potential for duplication.
(BusinessDesk)
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Fonterra shakes management of key Asian unit
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