About Us

The Fortuna Group was founded in 2012 by David & Kay Dodunski. They began farming in Southland in 1992, with 216 cows on 125 hectares.  With an ability to efficiently produce milk and a passion for innovation, the business grew. Today, the Fortuna Group is one of the fastest growing dairy operations in the lower South Island.  

Our business consists of 24 dairy farms and six support blocks with over 17,000 dairy cows, spread across 5,464 hectares owned, and 1,726 hectares leased.  We have earned a reputation for progressing farming techniques and implementing change, and our operations perform in the top quartile of farms in Southland.  

We have a management and governance structure with a shared passion, and with the very same values that have been with us since David and Kay founded Fortuna. It's this, along with a collective sense of purpose, that drives us.

We will continue to grow, purchasing and establishing more dairy businesses. We believe in farming the right way. We are custodians of the land and must ensure we leave it in better condition for the next generation. 

Our People

Our people are the most important asset of Fortuna.  They take care of our cows and are skilled custodians of the land.  They make sure milk production is high, innovation is constant and that we're constantly moving forward with a culture of hard-work. It is a team effort.  We do the right thing and have a great time doing it too.

Our Board

These are the people here to challenge us.  They come from a diverse background, with recognised expertise and strong personalities. They are scientists, agricultural experts, governance professionals, leaders in ethics and culture. They are educated at Harvard, Massey, Pennsylvania State and in the paddocks on the tools. They are members of the New Zealand Institute of Directors and have won awards in their field, so we can achieve more in ours.

Mike Fleming

CHAIRMAN

Mike Fleming

CHAIRMAN

Mike has been involved with Fortuna Group since inception where he has held the roles of Executive Chair, Managing Director, Director and appointed as Chair in Nov 20. He has been involved with corporate and family-owned farming businesses for more than 20 years. These engagements have involved advisory roles, executive management roles and governance roles. Mike is a member of the Fonterra Governance Development Programme Alumni and member of the New Zealand Institute of Directors.

David Dodunski

NON-INDEPENDENT DIRECTOR & COMPANY ADVISOR

David Dodunski

NON-INDEPENDENT DIRECTOR & COMPANY ADVISOR

David and his wife Kay are the founders of Fortuna Group. David held the role of Managing Director for two years before becoming Executive Director. Born in the Bay of Plenty and employed as a building apprentice in Rotorua, David moved on from building and tackled sharemilking on one of the steepest dairy farms in the country, starting with 31 cows on town supply and increasing to 160 cows on factory supply. Over the past 20 years he has successfully converted and developed over 30 blocks of land and is currently milking 3500 cows, most 100 percent owned and some as joint ventures. He owns the support land on all of his dairy units, which have all been designed to a high standard with a genuine desire to look after the farmland.

Dr Tom Richardson

INDEPENDENT DIRECTOR

Dr Tom Richardson

INDEPENDENT DIRECTOR

Tom was a scientist specialising in developing and commercialising molecular genetic techniques for plant and animal breeding and ecological applications before spending over 20 years in executive roles within the New Zealand and Australian science systems. These roles included the Chief Executive at AgResearch and the New Zealand Forestry Research Institute (Scion) and Chief of the Forests and Forest Products Division at Australia’s CSIRO. Tom is a frequent contributor to advisory boards, international review panels and science and trade delegations, including both the NZ-USA and NZ-EU Joint Commissions on Science and Technology Co-Operation.He has held numerous industry, scientific and education governance roles over the past 15 years. Tom has degrees from Bucknell University and Pennsylvania State University (PhD) and in 2013 was made a lifetime Alumni Fellow by Pennsylvania State University for his contributions to science.

Neil McAra

Independent Director

Neil McAra

Independent Director

Neil is the Managing Partner of South and Head of Agribusiness at Findex, where he leads over 100 staff with a focus on delivering absolute value and expertise to clients. He has 20 years experience in accounting and advisory services, particularly agriculture, manufacturing, estate & succession planning, corporate finance, business advisory, accounting, fishing, building and construction. Neil is also a Director at Real Journeys and the current Chairman of the Southland Chamber of Commerce. He holds a BCom in Accounting from Otago University.

David Foote

Independent Director

David Foote

Independent Director

David is member of the Non Executive Team at Laguna Bay, an investment firm specialising in food and agriculture in the Australasian region. He has more than 45 years’ experience in agriculture, including as Managing Director of Australian Country Choice, one of the world’s largest family-owned, vertically integrated cattle and beef supply chain organisations. David is currently a current Director of Cattle Australia, a member of the Australian Government Agricultural Trade & Market Access Group. and is a former Councillor on the Australian Meat Industry Council and Board member of Workplace Health & Safety Queensland.

Tony Dodunski

Independent Director

Tony Dodunski

Independent Director

Tony is the CEO go Ag Assist, which connects farmers with the people and services they need to run a successful farming operation. Hailing from a farming family, Tony was trained on the land and at Lincoln University, where he gained a BCom in Agriculture.

Tony is an equity partner in the Canterbury based Beaumaris Dairies Ltd.

Our Senior Leadership Team

Matthew Richards

CHIEF EXECUTIVE OFFICER

Matthew Richards

CHIEF EXECUTIVE OFFICER

Matthew and his wife learned to farm when they spent three years in Foxton. They soon doubled their farm’s production record which initiated their dairy farming opportunities. They were given the opportunity to go 50/50 sharemilking with former employers who had moved to Southland. The pair took up this challenge and have since grown their business each year. This has involved sharemilking, equity partnerships and farm ownership. In the five years before joining Fortuna Group, Matthew managed 2500 cows over three properties, gaining beneficial experience for his current role. He also has extensive involvement in board and chair roles of leading industry good organisations including the New Zealand Dairy Industry Awards, Federated Farmers, AgITO Regional Committee and Southern Dairy Development Trust.

Peter Bruce

SENIOR OPERATIONS MANAGER

Peter Bruce

SENIOR OPERATIONS MANAGER

A born and bred southern man, Pete started work on a sheep and beef farm straight out of school and advanced his skills in the industry with a Diploma of Agriculture and Bachelor of Commerce (Ag) at Lincoln University. He then gained two years’ experience on a 1,200 cow dairy farm in Canterbury before returning south to work on Dave and Kay’s home farm in 2004. With his partner Melinda, Pete bought into Peat View Dairies in 2011 and took over the role as full time supervisor with Fortuna Group in early 2015. Pete loves being a dad to Mia and Toby and when he catches a spare moment, he enjoys relaxing in the garden.

Tim Mackay

Chief Financial Officer

Tim Mackay

Chief Financial Officer

Tim is a true Southland local, who joined us from Great South where he was the General Manager Finance & Operations. With a Batchelor of Commerce in Accounting from the University of Otago, Tim brings with him a wealth of experience from accountancy roles in Invercargill. This includes his time at Great South (previously Venture Southland) in a complicated role where the numbers come under close scrutiny and have to be precise. Outside of work, Tim hopes that precision translates to the golf course as a skilled amateur. Down time is spent with his wife and two children, enjoying what Southland has to offer.

Kate Winter

People & Capability Manager

Kate Winter

People & Capability Manager

Kate joined Fortuna as Head of People in October 2022.  With a background in various leadership roles across multiple industries, Kate's experience has been vital to the successful development and implementation of the Fortuna People Strategy, including the establishment of the Fortuna Academy, where we are developing the dairy leaders of tomorrow.  Kate brings a flexible and adaptive approach to aligning values and building an inspired, high-performing team.  At the heart of it are the people - with Kate creating an environment where everyone feels valued and part of the company's success.

ENRICHING THE WORLD & GENERATING OPPORTUNITIES

This is how we plan to achieve success for farming as an industry and as individual Fortuna farmers. It’s what we’re constantly working towards and we’re proud of what we've achieved so far. 

Enriching the world.  Our well-cared for animals enjoy shade, shelter, and an abundance of high-quality pasture. This forms the backbone of sustainable food production; we are committed to playing our part in feeding the world. As we grow, we become better farmers and, more importantly, better people, who are enriching the world. 

Generating Opportunities.  Our commitment to generating opportunities starts with helping our people grow to their full potential. We train and support our team to be great at what they do and provide them with opportunities to grow personally and professionally. We also ensure that driven employees have the chance to share in our success and grow their own wealth. With collective growth, success from our hard work is shared by all. 

Our Values

  • Make everyday a good day.  It starts with me. 
  • Do the right thing.  Fair feedback for everyone.  Your opinion counts.
  • Be present, play and have fun.  
  • Every day find a better way.  Performance counts.  Think about tomorrow, we’re here for the long haul.

At Fortuna, the gumboots all walk in the same direction. 

The Fortuna Story

Our story really begins in 1992, when David & Kay Dodunski made the move south with their 4 children.  Home was on 125 hectares of lush Southland farmland, shared with 216 cows.  The following decade saw the Dodunski’s add 2 more children, more farms and more cows.

In June 2012, the Fortuna Group was formed and purchased their assets and management resources.  Today, the Dodunski's remain an important part of the business.  But we’re getting ahead of ourselves.  

Back to the action...

June 2012

Multiple farms are grouped together to form the Fortuna Group

To begin with, Fortuna takes ownership of Elya, Glenarlea, Iron Bridge, Apolima, Onepu and Argyle. RAB and Aroya fall in under Management agreements. PVD is different. With PVD, the Fortuna Group has it's first Equity Manager in Pete, who bought into the farm with his partner, Melinda. It's the start of Fortuna providing opportunities to team members and creating a pathway into ownership.

September 2012

New farms are added.

Jayvor and Richburn join the group under Management agreements.

June 2013

The growth continues.

Betapahu is added under ownership and Quadrant is welcomed under a Management agreement.

November 2013

It's all about service.

Fortuna Services kicks into gear, providing a range of support services to the farms.

June 2014

More cows and more farms. And more milk too.

Gleneden and Pukes are purchased. Tutuki joins under a Management agreement and Miraka is added with the first sharemilking agreement.

May 2015

The share milking setup continues

Patiki and Taurima join the group.

April 2016

Some recognition

Wayne Ashmore, Manager at Glenarlea, scoops the Southland Farm Manager of the Year title.

May 2016

One more please

Fortuna takes over the lease of Whakahi

June 2016

More growth

Kounga is added under a share milking agreement.

July 2016

Another award

Elya Holdings wins the farming category in the Southland Community Environment Awards

April 2017

The power of poo

Official opening of the Glenarlea methane recovery plant

June 2017

Proud Supporters

The Southern Dairy Hub opens and we're proud to support an amazing Southland initiative.

March 2019

A podium finish

Michael Pelesco (Farm Manager Gleneden) places 3rd in Southland Farm Manager of the Year

May 2019

Let's get the people.

FGL becomes an accredited employer of INZ

December 2019

A big welcome too...

...Piriti, as it moves under Fortuna ownership.

November 2020

Sustainability Manager Appointed

We appointed our first Sustainability Manager to lead our sustainability efforts.

June 2021

The start of contract milking.

1st contract milkers employed to promote progression in company, 3 promoted from managers and started with us as Farm Assistants and Herd Managers

January 2022

Green Funding

Sustainability and Transition Loan approval is issued.

June 2023

Glengyle Dairies is aquired.

Glengyle, with an effective area of 270 ha and 780 dairy cows, joins the Fortuna family.

November 2023

Terms starts at the Fortuna Academy

The first intake at the Fortuna Academy, where we develop the Farming Leaders of tomorrow, begin their journey to Senior Management and possible Farm Ownership.

June 2024

Kamahi is acquired.

One of the largest dairy farms in the district, Kamaha consists of 510ha with an adjoining leased block of 140ha, and a happy team of 1550 dairy cows.

June 2025

New Lease Block and New Farm Added

Goodstock, a new leaseback for dairy support, and the Jenkins farm in Tuatapere, join the Fortuna family.

Environment & Sustainability

At the centre of everything sits happy, healthy & thriving.  Three small words that are big on vision, goals and action.

We’ve always prided ourselves on being good custodians of the land.  After all, this is our land and our home.  Tomorrow it’ll be home for our next generation.  Then the generation after that.  So we know what we have to do and we’re doing it.  

All farms are compliant with current consent conditions.  All will be compliant with new consent conditions and meet the challenges of new standards.  But it’s not just about that.  It’s about doing more.  Every individual farm has an Environment Plan and we’re establishing the key environmental numbers such as greenhouse gas emissions and nitrogen surplus.  Then we mitigate them.  Each farm will have their own action plan and we bring the help of independent bodies to help us learn, understand and make improvements.  Working alongside the He Waka Eke Noa Partnership and with the team at Environment Southland.  It’s an approach that we know is, and will, make a difference for the better.  For the future.