November 9, 2022
Fonterra appoints chief financial officer
Fonterra Co-operative Group announced on November 9 the appointment of Neil Beaumont to the role of chief financial officer, effective early February 2023.
Beaumont is an accomplished group CFO, experienced in operating at the most senior levels of global and in complex business environments, Fonterra stated. Most recently, he was senior managing director, chief financial and risk officer at Canada Pension Plan Investment Board (CPPIB), with responsibility for leading the operations, finance and risk functions.
Speaking about the appointment, Fonterra chief executive officer Miles Hurrell said: "We're delighted to welcome Neil to the team. He's an experienced global finance leader whose expertise in strategic implementation will be a real asset to our management team."
Beaumont has held senior roles at BHP Billiton in Chile and Australia and at KPMG. He is a chartered accountant with the Canadian Institute of Chartered Accountants and holds a Bachelor of Commerce from the University of Saskatchewan.
Hurrell thanked acting CFO Chris Rowe for his contribution covering the position following the resignation of previous CFO Marc Rivers. Rowe will continue in the acting role until Beaumont joins the dairy cooperative early next year.