Peter McBride: Leading Fonterra into the Future

Peter McBride is a prominent figure in the global dairy industry, having dedicated his career to the agricultural sector. His journey is marked by strategic insight and adeptness in managing complex market challenges. Before his tenure at Fonterra, McBride held various leadership roles within the agricultural industry, which provided him with the necessary skills and vision to guide one of the largest dairy cooperatives in the world.

Career at Fonterra

As Chair, Peter McBride has played a central role in steering Fonterra through significant phases of transformation and growth. His leadership is focused on sustainability, innovation, and enhancing the cooperative's global presence in dairy nutrition. Under his guidance, Fonterra has solidified its position as a leader in the dairy sector.

Significant Events

During his tenure, McBride has been involved in several key decisions, including the endorsement of Anne Templeman-Jones for a leadership role, highlighting Fonterra's commitment to diversity and inclusivity. Additionally, he was instrumental in the strategic decision to sell Fonterra's global consumer business to Lactalis, a move determined to be the most advantageous for long-term success following a thorough 15-month evaluation of sale and IPO options.

Peter McBride, Fonterra's chairman, highlighted the active participation of farmer shareholders, noting that discussions had intensified since the announcement of the divestment in May 2024. He stated that the strong mandate received reflects the farmers’ commitment to shaping the future of their cooperative.

Modified: 2026/02/18