Fonterra has appointed Andrew Murray as its new chief financial officer. He replaces Simon Till, who has acted in the role since October 2023.
Fonterra CEO, Miles Hurrell, said Murray was an experienced senior finance leader in driving profitable growth and delivering large-scale business transformation.
Prior to joining Fonterra, Murray was CFO at Simplot Australia and before that was at Mondelez for over 10 years, in a variety of senior finance roles.
He joined Fonterra in February 2023 as commercial director for Fonterra’s Global Markets business and will start as CFO on 1 August.
“Andrew has been a real asset to the Global Markets team, with an enterprise leadership mindset, and I welcome his appointment to the Fonterra management team.
“I also extend my thanks to Simon Till who has acted as CFO since October 2023, while recruitment for a permanent CFO was underway.
“Simon will remain acting CFO until 1 August 2024 and will then move into a strategic advisor role with the co-op,” said Hurrell.
The announcement comes less than a month after Fonterra announced Anna Palairet as its COO.
