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Murray Goulburn appoints new independent non-executive director

Dairy processor Murray Goulburn (MG) has announced Mark Clark will join the Board as an independent non-executive director.

Clark, who replaces the retiring Peter Hawkins, has extensive Board and senior management experience, including directorships with companies operating in the fast-moving consumer goods (FMCG), retail and consumer markets in Asia, Australia and Europe.

He spent more than 30 years with Coca-Cola Amatil, and held the positions of Managing Director Australasia and President of Coca-Cola Bottlers in Korea.

Murray Goulburn also announced the resignation of Chief Operating Officer and Company Secretary, Fiona Smith.

The co-operative is still recovering from the turmoil surrounding its decision seven months ago to retrospectively cut its farmgate milk price and associated financial and legal problems. Last week, Forensic accounting company, Morris Forensic alleged MG may have overstated its earnings and even lost money in the last financial year.

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