May 4, 2026

Fonterra announces interim leadership changes

Fonterra Co-operative Group Ltd announced last month interim changes to the leadership of its Global Ingredients business ahead of Richard Allen, current President Global Ingredients, stepping into Fonterra's CEO role on May 1, 2026.

Elisa Giusti, Fonterra's Executive Vice President Global Ingredients Growth based in Chicago, the United States, will assume the role of President Global Ingredients Growth. Fonterra's Ingredients risk, pricing and optimisation, innovation, science and technology, and R&D functions will shift reporting line to Giusti.

Gaby Amade, Fonterra's President Middle East, Africa, Europe and SEA for Global Ingredients based in Dubai, United Arab Emirates, will assume the role of President Global Ingredients Sales and Operations. Fonterra's Ingredients teams in Greater China, Americas, Oceania and North Asia will shift reporting line to Amade.

Both Giusti and Amade will join Fonterra's Management Team. These interim changes will remain in place until the permanent structure is confirmed.

- Fonterra