Fonterra announces interim leadership changes

Fonterra Co-operative Group announced interim changes to the leadership of its global ingredients business ahead of Richard Allen, current president of global ingredients, stepping into Fonterra’s CEO role on 1 May 2026.

Elisa Giusti, Fonterra’s executive vice president of global ingredients growth based in Chicago, will assume the role of president of global Ingredients growth. Fonterra’s Ingredients risk, pricing and optimisation, innovation, science and technology, and R&D functions will shift reporting line to Giusti.

Gaby Amade, Fonterra’s president Middle East, Africa, Europe & SEA for global ingredients based in Dubai, will assume the role of president of global ingredients sales and operations. Fonterra’s Ingredients teams in Greater China, Americas, Oceania and North Asia will shift reporting line to Amade.

Both Amade and Giusti will join Fonterra’s management team. These interim changes will remain in place until the permanent structure is confirmed.