Synlait Milk Chief Executive Leon Clement

Synlait Milk Chief Executive Leon Clement has resigned.

The company’s co-founder and former CEO John Penno will fill in until a replacement is found, the company said.

“It is with regret that the board has accepted the resignation of Leon Clement from the role of CEO at Synlait Milk,” said the company in a statement to the NZX.

“The board wishes to record its thanks and recognition of the major achievements he has overseen. It also recognises the substantial impact that COVID-19 has had on Synlait and the difficult challenge this would present to any management team.”

Clement has served as Chief Executive since September 2018. He will continue in his role until the end of April and Penno will take over from May 1.

Synlait Chair Graeme Milne commented: “Leon has been an authentic and transformational leader. He has successfully repositioned Synlait’s purpose, ambition, and strategy to make us a more diversified and sustainable company. On behalf of the Board and all staff we wish Leon the very best in his future career and thank him for his energy and dedication to Synlait during his time with us.”

Did you know?

Synlait Milk began in Dunsandel (Canterbury) and now has additional locations in Auckland, Palmerston North, Pokeno, and a satellite office in Christchurch. Their cheese manufacturing facility, Talbot Forest Cheese, is based in Temuka.

Synlait bought Dairyworks in April 2020.

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