Fonterra has headhunted Roche Pharmaceuticals CFO Marc Rivers from his post in Switzerland in a move that will see him move back Down Under to head up the dairy giant’s financials.
Rivers will make the move sometime between now and next March, when he’s expected to start, and according to CEO Theo Spierings, will be a “real asset” to the company.
“Marc will be a great addition to the Fonterra Management Team. His track record of global financial leadership and his personal alignment to our Fonterra values will be a real asset to us,” Spierings said.
Fonterra said Rivers has a strong background as a global finance executive and strategic leadership capability. He is known for his commitment to leading and developing his people, with a track record of building diverse and inclusive teams.
Rivers has been overseeing NZ$51 billion in sales for Roche in Europe since 2013, prior to which he served in several management roles in China and the US for the multi-national pharmaceutical business in his more than 13 year tenure.
Rivers has a Bachelor of Arts in International Studies and an International Masters of Business Administration, Finance and German under his belt from the University of South Carolina, Columbia USA.
