Warrnambool Cheese & Butter Factory has appointed Michael Carroll as director.


Carroll will replace David Karpin, who has resigned from the Australian dairy company in May.


Karpin, who had served as chairman, left the company in order to “continue a process of board renewal that will serve the best interests of shareholders and suppliers”, the company said.


Carroll, who is also holds a directorship at Rural Finance Corp, Meat & Livestock Australia, and Select Harvests, will take up the appointment from the end of August, the company said.


Hit by the weakness of dairy commodity prices, WCB has forecast full-year losses to reach between A$16-18m (US$12.7-14.3m)

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