Posts tagged "John Penno"

Ebert receivership hits Synlait dairy factory project at Pokeno

[2 August/Stuff] Ebert Construction, who were hired to build Synlait’s new dairy processing factory at Pokeno, are determined to see it completed despite going into receivership. Ebert were hired as subcontractors to the project by Tetra Pak. Receivers said the company owes creditors tens of millions of dollars, largely due to poorly performing projects in...

Synlait launches bold environmental sustainability programme

[28 June/The Country] Synlait Milk marked its 10th year in business by launching a sustainability programme designed to lead it through the next decade. It featured bold impact reduction ambitions. The main one being to reduce greenhouse gas emissions by 35 percent per kilogram of milksolids on farm and 50 percent off farm by 2028....

Clement to take helm at Synlait

[26 June/Farmers Weekly] Leon Clement has been announced as Synlait Milk’s new chief executive and will start in August. He was previously Managing Director of Fonterra Brands. His appointment was the outcome of a global recruitment search following John Penno’s announcement to stand down. Chairman, Graeme Milne, said Leon had led major businesses internationally and...

Synlait posts record first-half net profit

[21 March/The Country] Dairy company Synlait posted a record first-half net profit mainly due to its relationship with The a2 Milk Company and its increased manufacture of high-margin products. Profit increased from $10.2 million in the previous year to $40.7 million in the six months ended 31 January. Synlait expected the second half to not...

Synlait Milk founder John Penno to step down after 12 years at the helm

[29 November/ Stuff] Synlait Founder and Chief Executive Officer, John Penno has announced he will be stepping down from the position within the next 12 months. Mr Penno would continue in a governance role as a director of the board. Synlait Chairman, Graeme Milne said Mr Penno had been an exceptional leader and had left...