Fonterra shareholders watch performance after sale
Fonterra shareholders say they will be keeping an eye on their co-operative's performance after the sale of its consumer businesses.
Fonterra Shareholders Council chairman Duncan Coull has been re-elected unopposed for another 12-month term.
Coull says he’s excited and energised about the year ahead.
“I look forward to leading the council as we consolidate the hard work that has been undertaken over the past 12 months.
“I’m very mindful of the responsibility this role carries and I will continue to put the interests of our shareholders at the forefront of all actions council undertakes throughout the year.”
The council has a new deputy chairman – Ivan Lines who was first elected to the council in 2013 to represent Fonterra farmers in Northern Southland. Lines will replace Greg Kirkwood who stepped down after two terms.
Lines thanked fellow councillors for putting their faith in him.
“I look forward to supporting our chairman in this important leadership role.”
Coull praised the contribution Kirkwood made during his tenure and backed Lines to step seamlessly into the position.
“Greg’s support has been invaluable to me especially during the recent Governance and Representation review and I thank him for his hard work, dedication and assistance.”
One person intimately involved in the new legislation to replace the Resource Management Act (RMA) is the outgoing chief executive of the Ministry for the Environment, James Palmer, who's also worked in local government.
Horticulture New Zealand (HortNZ) says a new report projects strong export growth for New Zealand's horticulture sector highlights the industry's increasing contribution to the national economy.
Fonterra shareholders say they will be keeping an eye on their co-operative's performance after the sale of its consumer businesses.
T&G Global says its 2025 New Zealand apple season has delivered higher returns for growers, reflecting strong global consumer demand and pricing across its Envy and Jazz apple brands.
New Zealand's primary sector is set to reach a record $62 billion in food and fibre exports next year.
A new levying body, currently with the working title of NZWool, has been proposed to secure the future of New Zealand's strong wool sector.
President Donald Trump’s decision to impose tariffs on imports into the US is doing good things for global trade, according…
Seen a giant cheese roll rolling along Southland’s roads?