18 Dec 2018

Fonterra CFO Marc Rivers: finding financial truth

From Nine To Noon, 10:07 am on 18 December 2018
dairy cows grazing in a field

dairy cows grazing in a field Photo: 123RF

As Chief Financial Officer of Fonterra, Marc Rivers' current focus is a wide ranging strategic review of the whole dairy co-op, after a year in which the company reported its worst ever financial result.

His aim is to cut debt by $800 million and return the business to profitability in 2019. Mr Rivers was previously CFO of the Swiss pharmaceutical company Roche.  He talks to Kathryn about his plans to turn Fonterra around.