The dairy co-operative has hired Fraser Whineray as its Chief Operating Officer - a brand new role for Fonterra.

Whineray is also the Chair of the Prime Minister's Business Advisory Council.

He starts at the dairy giant early next year.

>> More Rural News

Other Rural News

29 Jun: Dairy farmers are remaining optimistic, despite some road bumps

04 Jun: Dairy prices are down 1.6 percent at the latest Global Dairy Trade auction

29 May: Good news for Fonterra dairy farmers - accompanied by a "but"

29 May: Fonterra's reporting a strong rise in profit, while warning of more global uncertainty on the horizon

26 May: Farmers are sounding the alarm - warning the sheep industry is collapsing

25 May: Strong global dairy commodity prices are expected to be good news for farmers this season

22 May: New Zealand farmers are benefiting from a dairy renaissance

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Entertainment:
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Entertainment:
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National:
NZ will soon have no real interisland rail-ferry link – why are we so bad at infrastructure planning? 11:17

Cricket:
England finishes day two of second Test at 3-77, India scores 587 in first innings 11:17

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Entertainment:
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