25 Jan 2013

Fonterra CFO to step down

8:16 pm on 25 January 2013

Fonterra chief financial officer Jonathan Mason is stepping after four years with the dairy cooperative.

Fonterra says it has started a global hunt for his replacement, though Mr Mason has agreed to stay with the cooperative until the end its financial year in July.

Mr Mason, an American national, has been a major architect of the cooperative's capital restructuring and Trading Among Farmers.

Mr Mason says he plans to stay in New Zealand.