Changes to Executive Team

8
th
June, 2018




Sanford Announces New CFO Appointment



Sanford Limited (SAN) has appointed a new Chief Financial Officer, Katherine
Turner, who will be taking up the role from September.

Katherine joins Sanford as CFO after nearly 12 years with Fonterra. Her most recent
role has been Commercial Director for Fonterra Brands Ltd, New Zealand’s largest
FMCG business with a number of leading dairy brands.

She joined Fonterra originally as CFO for Fonterra Brand Tip Top Ltd and also spent
a number of years in the office of the CFO, responsible for many aspects of
corporate financial management.

Katherine has significant experience in the food business internationally. Prior to
joining Fonterra, Katherine spent nine years with multinational dairy company
Danone, in various finance roles in both New Zealand and France. Katherine started
her Danone career in New Zealand with snack-food and biscuits company Griffins
Foods Ltd.

Katherine is passionate about leading change through others and is inspired by
seeing the teams she works with develop and grow. At the 2016 CFO Awards, her
finance team were the winners of the CA ANZ Finance team of the year award. She
is an alumnae of the 2015 Global Women Breakthrough Leaders programme.

Katherine is a graduate of The University of Auckland, an ANZ Chartered Accountant
and a Member of the NZ Institute of Directors.

Stuart Houliston will continue as acting CFO until Katherine joins the Sanford team.