John Stevenson: Fonterra Co-Operative Council Chair on the resignation of Fonterra CEO Miles Hurrell

Fonterra's preparing to recruit a new boss after the resignation of current CEO Miles Hurrell.  Hurrell's given six months' notice to allow for a smooth transition.  The board and management regularly discuss succession plans and they'll be running a robust process to appoint a new CEO.  Co-Operative Council Chair John Stevenson told Mike Hosking it's unclear if Hurrell's replacement will come from inside or outside the organisation, but farmers have high expectations.  He says Hurrell has built a strong team around them, but they'll be plenty of interest from outside Fonterra as well.  LISTEN ABOVE See omnystudio.com/listener for privacy information.