28 Sep 2011

Fonterra chief's vision for dairy industry

7:43 pm on 28 September 2011

The new chief executive of Fonterra, Theo Spierings says New Zealand can become the milk capital of the world.

Mr Spierings led the Dutch farmer dairy co-operative, Royal Friesland Foods, into a merger with Campina in 2008, and Fonterra says he brings to the job 25 years of knowledge of the global dairy industry.

He has replaced Andrew Ferrier, who left last week.

Three days into the role, Mr Spierings says Fonterra is already the envy of the global dairy industry and he sees no reason why New Zealand should not become the global milk capital.