Four Candidates Confirmed for Fonterra Board Election

They include sitting director Cathy Quinn and agribusiness leaders Jessie Chan, Mark Cox and Peter Moynihan.

Fonterra shareholders can stand for board elections in two ways: as independently assessed candidates or as non-assessed candidates.

All four candidates filed their nominations as assessed candidates. No shareholders chose to go through the non-assessment process this year.

Voting packs containing candidate profiles will be mailed to eligible shareholders next week.

Shareholders can vote online or by post. Voting closes at 10.30am on November 10 and results will be announced later that day.

The two successful directors take up their positions at Fonterra annual general meeting in Hamilton next month.

Cathy Quinn and Brent Goldsack, Waikato, are up for re-election this year. Goldsack is retiring after serving nine years on the board.

Quinn, vying for a third three-year term on the board, currently chairs of both the disclosure committee and the strategic review committee which oversaw the sale of Fonterra’s global consumer business.

She is trustee of a trust owning dairy farms of which she is also a director.

She also chairs Tourism Holdings and is a director of Fletcher Building and Rangatira Limited.

Prior to her governance career, she was a senior commercial and corporate lawyer at MinterEllisonRuddWatts for over three decades.

Chan draws from a farming career and various leadership roles across the primary sector.

She is a director of AgriZero, Āmua Innovation and the Ngāpuhi Investment Fund, a Crown-owned entity with $166 million in commercial assets.

Jessie Chan

She is a prior director of RuralCo, AgResearch, Ngāi Tahu Farming and the New Zealand Pork Industry Board (statutory industry body supporting pig farmers).

Prior to her governance career, Chan held various policy, research, environmental sustainability and advocacy roles across the dairy sector.

Cox is a founder of Coxco Group, a vertically integrated agri-business with a core focus on the growth of squash for the Japanese and Korean markets, and Craigmore Sustainables, an international investment group which builds and manages New Zealand based food and fibre businesses.

He has held a range of governance roles and is currently an advisory board member of Ngāi Tahu Farming and director of Rakaia Irrigation.

He has held a range of governance roles and is currently an advisory board member of Ngāi Tahu Farming and director of Rakaia Irrigation.

Peter Moynihan

Moynihan operates a large-scale dairy farming operation, owning two farms with a shareholding interest in a third.

He is the outgoing chair of The Power Company Limited Group (TPCL) and was an elected director of Ravensdown for 11 years.

Prior to his governance roles, he had a 30-plus year career as a senior agribusiness banking executive with extensive experience building stakeholder relationships across the primary sector and rural communities.

Council Vote

For Fonterra's Co-operative Council, an election is only required in one ward this year.

Two nominations were received for the Southern Northland ward – Kirsten Watson and Adam Cullen.

For six other wards, only one nomination was received.

Sitting councillors, Grant Coombes (Waikato West), Andrew Myers (Waipa), Kylie Leonard (Central Plateau) and Don Moore (Eastern Southland) are re-elected unopposed for another term.

In Piako Ward, Paul Manion and Hank van der Bosch (Wairarapa Ward) are confirmed as new councillors.