The management structure changed after Paul Deakin stepped down as MD. Deakin would continue as a non-executive director, said Chantler, who said the shift in roles was a mutual decision.
"We had put a divisional structure in that negated the long-term need for a full-time MD," he added.
Meadow has three divisions - fat, sugar and milk marketing - and will create a fourth - fresh milk - following its acquisition of Nene Valley Foods from Dairy Farmers of Britain last month.
The fresh milk division would supply fresh dairy-based food ingredients, such as yoghurt and fromage frais, to companies such as cake makers, added Chantler, who said he was excited by the new role.