Heinz Korte has been elected as chairman of German dairy co-operative DMK Group.
Korte succeeds Otto Lattwesen, who died last month a day before he was due to formally step down from the company.
DMK said Korte, 53, who has 210 dairy cows on his own farm in Lower Saxony, “is planning a fundamental reorientation in 2017 in order to deal with the consequences of the severe milk market crisis”.
Meanwhile, DMK said the new managing director of its ice cream business, Marcus-Dominic Hauck, will also become the division’s COO from April. Hauck, 42, will report to DMK’s group management team.
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By GlobalDataHowever, DMK has said income for 2016 would be “under less of a strain” than in 2015 because major capital investments were completed, including new production facilities in Zeven, Georgsmarienhütte and Erfurt.