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Synlait Milk Limited board of directors
6 current directors, average tenure 3.7 years.
| Director | Role | Independent | Appointed | Tenure | Committees |
|---|---|---|---|---|---|
| George Adams | Chair | Yes | 2024 | 2.6 yrs | — |
| Leon Fung | Non-Independent Director | No | 2024 | 2.4 yrs | — |
| Sihang Yang | Non-Independent Director | No | 2013 | 13.3 yrs | — |
| Zhu (Julia) Yi | Non-Independent Director | No | 2023 | 3.3 yrs | — |
| Katherine Turner | Director | Not recorded | 2026 | 0.4 yrs | — |
| Xu Yanqun | Director | Not recorded | 2026 | 0.0 yrs | — |
SML governance score breakdown
Synlait Milk Limited scores 68/100 (Good) on the NZXplorer Governance Risk Score for FY2026, based on 70% data coverage. See the GRS methodology.
- Board structure
- 13/25
- Shareholder rights
- 20/20
- Executive remuneration
- 5/10
Synlait Milk Limited largest shareholders
Top 10 registered holders of SML as disclosed for FY2025. Registry holdings include custodians and nominees, which may hold on behalf of many underlying investors.
| # | Holder | Holding |
|---|---|---|
| 1 | Bright Dairy Holding Limited | 65.30% |
| 2 | The a2 Milk Company Limited | 19.80% |
| 3 | Lowquest Pty Ltd | 1.00% |
| 4 | XSTAR Fund Management | 0.90% |
| 5 | John Penno | 0.80% |
| 6 | L S Keeper | 0.30% |
| 7 | Philip Lennon | 0.30% |
| 8 | Accident Compensation Corporation | 0.20% |
| 9 | Paul & Bronwyn Lancaster | 0.20% |
| 10 | Juanjuan Wang | 0.20% |
Recent SML NZX announcements
The 10 most recent filings by Synlait Milk Limited to the NZX.
- New Director for SynlaitOther
- Synlait appoints permanent Chief Executive OfficerOther
- Annual Meeting Director NominationsAGM
- Synlait reports FY26 result and operational recoveryEarnings Results
- Synlait performance update and FY26 results dateEarnings Results
- Synlait responds to media reportsMarket Update
- Synlait ELT updateDirector Departure
- Synlait finalises refinancing and advises changes to balanDebt Issuance
- SML - Waiver from NZX Listing Rule 5.2.1NZX Compliance
- Synlait provides update on refinancing and tradingOperational Update
Synlait Milk Limited (SML) — frequently asked questions
What does Synlait Milk Limited do?
Synlait Milk is a dairy processing company manufacturing milk powders, infant formula, nutritional products, and specialty dairy ingredients from its processing facilities in Canterbury and Waikato, supplying dairy ingredients and finished nutritional products to multinational customers including a2 Milk Company, while also marketing consumer dairy products. The company operates advanced dairy processing facilities including spray drying, blending and canning, UHT processing, and specialized ingredient production capabilities, manufacturing products to meet strict quality and regulatory standards for export to China and other international markets. Synlait has faced significant financial challenges including high debt levels, reduced production volumes, profit pressures, and strategic restructuring, while working to stabilize operations, reduce debt, and rebuild customer relationships and operational performance. Synlait Milk Limited is listed on the NZX under the ticker SML, in the Consumer Staples sector.
What is the Synlait Milk Limited (SML) share price?
Synlait Milk Limited (NZX:SML) shares closed at $0.48 on 22 October 2026, unchanged on the previous close. At that price its market capitalisation was about $290 million, based on 603,198,098 shares on issue.
Who are the directors of Synlait Milk Limited?
Synlait Milk Limited has 6 current directors: George Adams (Chair), Leon Fung (Non-Independent Director), Sihang Yang (Non-Independent Director), Zhu (Julia) Yi (Non-Independent Director), Katherine Turner (Director) and Xu Yanqun (Director). Average board tenure is 3.7 years.
Who is the chair of Synlait Milk Limited?
George Adams chairs the Synlait Milk Limited board, and has been a director since 2024.
Who is the CEO of Synlait Milk Limited?
Tim Carter is the Dairyworks CEO of Synlait Milk Limited.
Who are the largest shareholders of Synlait Milk Limited?
The largest registered holder of SML shares in the FY2025 top-20 register was Bright Dairy Holding Limited, with 65.30%, followed by The a2 Milk Company Limited (19.80%) and Lowquest Pty Ltd (1.00%).
What is Synlait Milk Limited's governance score?
Synlait Milk Limited has an NZXplorer Governance Risk Score of 68/100 (Good) for FY2026, based on 70% data coverage.
When is the Synlait Milk Limited annual meeting?
Synlait Milk Limited's next annual meeting is scheduled for 4 December 2026.
Consumer Staples companies on the NZX
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