• Fonterra Co-operative Group has announced the appointment of Andrew Murray to the role of chief financial officer.
    Fonterra Co-operative Group has announced the appointment of Andrew Murray to the role of chief financial officer.
Close×

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.

Packaging News

Opal’s Maryvale Mill is at the centre of a standoff between management and the CFMEU union as the two sides negotiate a new enterprise agreement; 300 workers are currently locked out of the facility.

In the sale of Close the Loop to PE fund Adamantem, the exclusivity period has passed. Discussions between the two parties are continuing. Close the Loop is open to offers from other potential buyers.

PIDA award winners from the ANZ region received the fourth highest number of wins in the world behind Japan, Germany/Austria and India in the latest round of the WorldStar Packaging Awards.