Fonterra will face "bumps in the road" as the global economy rebuilds after the coronavirus outbreak, but chairman-elect Peter McBride is optimistic about the dairy co-op's future. READ MORE:* Fonterra names Peter McBride as new chairman* Fonterra chairman John Monaghan standing down* Leonie Guiney 'delighted' at Fonterra comeback, McBride also voted in* Zespri chairman Peter McBride stands downHe also oversaw a four-year Serious Fraud Office investigation into double invoicing in China; constitutional changes; and the development of a sales and marketing hub in Singapore. Stuff Fonterra chairman-elect Peter McBride is optimistic about the dairy co-op's future. That future was likely to include a further push into the medical nutrition market, as global demand soared. "People are certainly thinking more about the health benefits of what they eat and drink and there will be a big push into health and nutrition," McBride said.

Source: Stuff June 26, 2020 17:00 UTC