Eroding share of milk worries Fonterra shareholders
Fonterra shareholders are concerned with a further decline in the co-op’s share of milk collected in New Zealand.
The Fonterra Shareholders Council is welcoming the appointment of John Wilson as the chairman elect of the Fonterra board.
Shareholders Council chairman Ian Brown congratulated Wilson on his appointment.
"As a former Shareholders Council chair, John is in a unique position to understand farmers' interests and concerns and balance these against the needs of the business.
"The Council will continue to work towards solidifying a respectful working relationship with John and the board," he says.
Wilson takes over from Henry van der Heyden who steps down at the co-op's annual meeting in December.
Fonterra shareholders are concerned with a further decline in the co-op’s share of milk collected in New Zealand.
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