First Milk CEO Shelagh Hancock to Retire After a Decade of Leadership

First Milk, a British farmer-owned dairy co-operative, has revealed that Shelagh Hancock, its chief executive, will retire in early 2027 after a decade at the helm. Hancock has been instrumental in steering the company through a period of substantial growth and transformation. Her leadership saw the strengthening of First Milk’s financial position and the development of a market-leading regenerative agriculture program.

During Hancock’s tenure, First Milk made significant investments in its processing capabilities and acquired BV Dairy. The company also achieved Certified B Corporation status and received a King’s Award for Sustainable Development, underscoring its commitment to sustainability and value delivery for its members.

The First Milk Board has begun the search for Hancock’s successor, ensuring a structured transition. Hancock will continue in her role until early next year to facilitate a smooth handover.

In a statement, Hancock expressed pride in the progress made, highlighting investments in facilities and leadership in sustainability. The chairman of First Milk, Hugo Mahoney, praised Hancock’s contributions, noting that the company has evolved into a more resilient co-operative under her leadership.

Further updates on the appointment of Hancock’s successor will be provided by First Milk in due course.