Fonterra CFO Lukas Paravicini takes on global brand role
Fonterra promotes its CFO into crucial global brand role.
Fonterra Cooperative Group has reshuffled its top management, with chief financial officer Lukas Paravicini taking on the role of chief operating officer, global consumer and foodservice from June. He’s replacing Jacqueline Chow who would have been in the role for a year when she leaves as previously indicated.
In announcing Ms Chow’s appointment to the role in a senior management revamp last year, Fonterra said Ms Chow, who had previously been chief operating officer Velocity, would only stay in the job a year before she retired from executive life and returned to Australia to take on a governance career.
Mr Paravicini will stay on as CFO until June 1 but will continue to help with the announcement of Fonterra’s full-year results for the 2017 financial year which ends on July 31. A new CFO has not yet been chosen.
Fonterra chief executive officer Theo Spierings said Mr Paravicini, who has been with the farmer-owned cooperative for over three years, had an in-depth understanding of global brands and the importance of “meeting and anticipating the needs of customers through constant innovation and world-class performance.”
Fluent in five languages, Mr Paravicini previously worked for global food giant Nestle.
Fiona Rotherham
Wed, 01 Mar 2017
Wed, 01 Mar 2017
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Fonterra CFO Lukas Paravicini takes on global brand role
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