Expert Says Fonterra Backing Current Strategy With New CEO Appointment
The appointment of Richard Allen as Fonterra's new chief executive signals execution, not strategy, according to agribusiness expert Dr Nic Lees.
Fonterra Shareholders Council chairman, Ian Brown has been re-elected unopposed for a third term.
Brown is looking forward to leading the council for another 12 months. "I appreciate the support I continue to receive from councillors," he says.
The council has a new deputy chair; Duncan Coull was also elected unopposed and takes up his new role on July 29 for a 12 month term.
Coull was elected to the council in 2010 to represent the Otorohanga ward; he also serves as the chair of the council's representation committee.
He replaces Philip Palmer who is stepping down from the role after two terms.
Brown praised Palmer's contribution as deputy chair.
"Philip's support was incredibly valuable during what was a pivotal two years for the council and our cooperative and I thank him for his hard work and dedication.
"I now look forward to working with Duncan and am confident he will do a great job for the council as we continue to work to improve Fonterra farmers' returns through effective monitoring and strong representation."
Penske Australia & New Zealand has appointed Stephen Kelly as the general manager of its Penske NZ operations, effective immediately In this role he will oversee all NZ branch operations, including energy solutions, mining, commercial vehicles, defence, marine, and rail, while continuing to be based at Penske’s Christchurch branch.
According to the latest Federated Farmers-Rabobank Farm Remuneration Report, released today, farm worker pay growth has levelled off after a post-Covid period of rapid growth.
The Climate Change Commission has recommended maintaining the current New Zealand Emissions Trading System (NZ ETS) settings but warns of a potential unit shortfall as early as 2028.
The Conservative Party warns that the upcoming free trade agreement between New Zealand and India may prioritise increased labour mobility while offering limited reassurance for New Zealand workers.
Southland District Council says it is actively managing the impacts of the current fuel supply challenges to ensure essential services across the district continue to operate safely and reliably.
A large crowd turned out for the last of the field days of the three finalists in this years Ahuwhenua Trophy to determine the top Maori horticulture entity in Aotearoa New Zealand
OPINION: Reckless action by Greenpeace in 2024 forced Fonterra to shut down a drying plant for four hours, costing the co-op…
OPINION: The global crusade against fossil fuel is gaining momentum in some regions.