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Can new CEO save Dairy Farm from cold storage in Southeast Asia?

Stanislaus Jude Chan
Stanislaus Jude Chan3/27/2018 02:19 PM GMT+08  • 5 min read
Can new CEO save Dairy Farm from cold storage in Southeast Asia?
SINGAPORE (Mar 27): Dairy Farm International is turning to its new CEO Ian McLeod to save the day.
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SINGAPORE (Mar 27): Dairy Farm International is turning to its new CEO Ian McLeod to save the day.

With more than 30 years of experience in the retail sector under his belt, McLeod is best known for breathing life back into Australia’s ailing supermarket giant Coles.

Last year, DFI saw its full-year earnings tumble 14% to US$404 million ($529 million) on the back of weakness across the group’s supermarket and hypermarket businesses in Southeast Asia.

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