Fonterra's HR boss quits

ANDREA FOX
Last updated 14:34 26/11/2013

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The head of Fonterra's people, culture and services division, Chris Caldwell, has resigned from the global dairy giant.

Caldwell had been in the job since May last year and Fonterra says he has resigned for personal reasons.

His exit comes as Fonterra digests a critical independent report of its handling of the botulism contamination scare in August, which turned out to be a false alarm.

His responsibilities are being taken on by chief executive Theo Spierings and chief financial officer Lukas Paravicini in the meantime.

Fonterra's director of communications Kerry Underhill declined to elaborate on the reasons for Caldwell's departure.

Caldwell joined Fonterra in 2008 as commercial director for the former global ingredients and food services business.

Before taking on the human resources role he was Fonterra's general manager finance. He also held a number of board appointments across New Zealand's biggest company and the world's leading dairy exporter.

Fonterra's revenue last year was $18.6 billion and the company, a farmer-owned co-operative, accounts for 25 per cent of New Zealand's export earnings. Fonterra employs 16,000 staff in New Zealand and around the world.

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