Fonterra has named Richard Allen as its new chief executive, succeeding Miles Hurrell.

Allen - who joined Fonterra as a graduate in 2008 and has worked in various roles across the dairy co-operative - will take over next month.

Hurrell will remain in a transition advisory role until September.

The Country's Jamie Mackay explained further.

LISTEN ABOVE

Fonterra has named Richard Allen as its new chief executive, succeeding Miles Hurrell.
Allen - who joined Fonterra as a graduate in 2008 and has worked in various roles across the dairy co-operative - will take over next month.
Hurrell will remain in a transition advisory role until September.
The Country's Jamie Mackay explained further.
LISTEN ABOVE

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Heather du Plessis-Allan Drive

Jamie Mackay: The Country host on Richard Allen being named Fonterra's new CEO

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c4d50110-f5e8-4e1f-ba3a-b42c007393f2/transcript