Fonterra announced the appointment of Fraser Whineray to its management team in the newly created role of Chief Operating Officer, starting in early 2020. Mr. Whineray is currently the Chief Executive of Mercury NZ and has held several senior leadership roles since joining the company in 2008. Mr. Whineray has held roles at Credit Suisse, Puhoi Valley Cheese and Carter Holt Harvey. He is the Chair of the Prime Minister's Business Advisory Council.