Key Fonterra executive resigns

Fonterra Cooperative Group, New Zealand's biggest company by sales, has announced the resignation of its managing director of global ingredients and foodservice, Andrei Mikhalevsky.

After joining the co-operative five years ago Mikhalevsky will finish at the end of the year.

He has accepted a role with US-based California Dairies Inc.

Mikhalevsky will be temporarily replaced by Fonterra's director of global formulated food Alex Turnbull until a permanent replacement is made.

BusinessDesk.co.nz

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