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Fonterra Chief Executive Miles Hurrell Resigns After Eight Years in Role

The board has opened a CEO search with a successor expected within months.

Overview

  • Hurrell will stay on for a six-month notice period to support an orderly transition, the company said.
  • Chair Peter McBride disclosed the resignation in a formal statement to the NZX.
  • Hurrell’s 25-year Fonterra career included leading a strategic reset toward pasture-based milk, sustainability and higher-value ingredients.
  • He previously served as chief operating officer of Farm Source and as a regional general manager for the Middle East, Africa, Russia and Eastern Europe.
  • Fonterra, a farmer-owned New Zealand cooperative, said the leadership change will proceed under standard governance processes.