Fonterra has announced the appointment of Marc Rivers to the role of chief financial officer, effective 1 March 2018.
The New Zealand dairy cooperative said Rivers is an experienced global finance executive with ‘strong leadership capabilities’.
He is currently the CFO at Roche Pharmaceuticals Division in Switzerland. His division of Roche is responsible for product distribution for 140 countries, focusing on the innovation pipeline and customer and market development.
In a statement, Fonterra said: “[Rivers] is known for his commitment to leading and developing his people, with a track record of building diverse and inclusive teams.”
Rivers has global experience having lived and worked in both emerging and established markets, including Thailand, China, Japan, Europe and the US.
He has a bachelor of arts in international studies and an international masters of business administration, finance and German from the University of South Carolina.
Fonterra CEO Theo Spierings said: “Marc will be a great addition to the Fonterra Management Team. His track record of global financial leadership and his personal alignment to our Fonterra values will be a real asset to us.”
© FoodBev Media Ltd 2018