Why Fonterra accepted defeat in the dairy aisle
OPINION: Fonterra's sale of its consumer dairy business to Lactalis is a clear sign of the co-operative’s failure to compete in the branded consumer market.
Another Fonterra director is leaving the co-op.
Independent director, Simon Israel will leave the board at the annual general meeting in November when his term expires.
Fonterra says Israel’s decision is in support of planned succession and the need to phase the refresh of the cooperative’s Independent directors.
Israel was appointed to the board in 2013 and is currently a member of Fonterra’s Appointments and Remuneration Committee. Based in Singapore, Israel has contributed valuable insights from his 39 years of business experience in Asia, leading businesses and as a chairman and company director. He is currently the chairman of Singapore Telecommunications and chairman of Singapore Post.
In a note to the Fonterra farmer-owners today, Fonterra chairman John Monaghan said that internationally respected directors of Israel’s calibre aren’t easy to come by.
“He has been a real asset on our board over the past six years and I would like to thank Simon for his significant contribution to the board and our cooperative.”
NZPork has appointed Auckland-based Paul Bucknell as its new chair.
The Government claims to have delivered on its election promise to protect productive farmland from emissions trading scheme (ETS) but red meat farmers aren’t happy.
Foot and Mouth Disease outbreaks could have a detrimental impact on any country's rural sector, as seen in the United Kingdom's 2000 outbreak that saw the compulsory slaughter of over six million animals.
The Ministry for the Environment is joining as a national award sponsor in the Ballance Farm Environment Awards (BFEA from next year).
Kiwis are wasting less of their food than they were two years ago, and this has been enough to push New Zealand’s total household food waste bill lower, the 2025 Rabobank KiwiHarvest Food Waste survey has found.
OPINION: Sir Lockwood Smith has clearly and succinctly defined what academic freedom is all about, the boundaries around it and the responsibility that goes with this privilege.
OPINION: Should cows in NZ be microchipped?
OPINION: Legislation being drafted to bring back the controversial trade of live animal exports by sea is getting stuck in the…