{"id":376543,"date":"2026-04-12T23:36:09","date_gmt":"2026-04-12T23:36:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/376543\/"},"modified":"2026-04-12T23:36:09","modified_gmt":"2026-04-12T23:36:09","slug":"fonterra-names-richard-allen-as-new-ceo-replacing-miles-hurrell","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/376543\/","title":{"rendered":"Fonterra names Richard Allen as new CEO, replacing Miles Hurrell"},"content":{"rendered":"

Allen led Fonterra\u2019s farmer-facing business Farm Source for five years, has worked in China as vice-president of Fonterra\u2019s Foodservice business, was the founding CEO of MyMilk, and more recently served as president Atlantic, based in Chicago, responsible for relationships with a number of the co-op\u2019s global key accounts.<\/p>\n

\u201cI\u2019ve built my career with Fonterra and understand the important role the co-op plays both for farmers here in New Zealand and our customers around the world,\u201d Allen said.<\/p>\n

\u201cI\u2019m committed to maintaining the momentum in our performance, focused delivery of strategy and financial discipline that has been developed over recent years.<\/p>\n

\u201cFonterra has a strong platform to build from and I\u2019m excited by our prospects as we move forward as a New Zealand farmer-owned global B2B dairy provider.\u201d<\/p>\n

The appointment is effective from May 1.<\/p>\n

Hurrell will stay with Fonterra in an advisory role until September 2026 to assist with the leadership transition, the co-op said.<\/p>\n

In 2024, Allen was named as Young Executive of the Year<\/a> in the Deloitte Top 200 Awards.<\/p>\n

The award recognises young leaders who exemplify innovation, resilience and forward-thinking, with this year\u2019s winner described as a \u201cstandout individual who is prepared to go beyond perceived limitations to strive for personal and organisational excellence\u201d.<\/p>\n

Jamie Gray is an Auckland-based journalist, covering the financial markets, the primary sector and energy. He joined the Herald in 2011.<\/p>\n

Stay ahead with the latest market moves, corporate updates, and economic insights by subscribing to our Business newsletter<\/a> \u2013 your essential weekly round-up of all the business news you need.<\/p>\n","protected":false},"excerpt":{"rendered":"Allen led Fonterra\u2019s farmer-facing business Farm Source for five years, has worked in China as vice-president of Fonterra\u2019s…\n","protected":false},"author":2,"featured_media":376544,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[59500,17623,806,138,3500,3937,7123,3938,7226,1437,196323,8705,83727,21409,117,111,139,1536,69,32956,2572,4482,30509,15160],"class_list":{"0":"post-376543","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-allen","9":"tag-appointed","10":"tag-as","11":"tag-business","12":"tag-ceo","13":"tag-chief","14":"tag-current","15":"tag-executive","16":"tag-fonterra","17":"tag-global","18":"tag-hurrell","19":"tag-ingredients","20":"tag-miles","21":"tag-names","22":"tag-new","23":"tag-new-zealand","24":"tag-newzealand","25":"tag-next","26":"tag-nz","27":"tag-outgoing","28":"tag-president","29":"tag-replace","30":"tag-replacing","31":"tag-richard"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/376543","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=376543"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/376543\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/376544"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=376543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=376543"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=376543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}