Fonterra trims board size
Fonterra’s board has been reduced to nine - comprising six farmer-elected and three appointed directors.
Fonterra has slapped an injunction against former director Leonie Guiney, preventing her from sharing confidential information about the co-op with the media.
The co-op’s lawyer Daniel Kalderimis sought the order in the Wellington High Court on Friday afternoon; Justice Clark granted an interlocutory injunction.
Rural News received the court injunction via email from law firm Chapman Tripp. The firm’s senior solicitor Julian Brown told Rural News online that all media outlets served with the notice are covered by the court order.
The injunction bars Guiney from “breaching her duties of confidentiality” to Fonterra.
It also bars media organisations from using or publishing any confidential information received from Guiney.
Guiney left the Fonterra board in controversial circumstances last November; she failed to get endorsed by an independent selection panel and a board sub-committee to stand again in the director elections.
As a sitting director who failed to get endorsed during the independent selection process, the South Canterbury farmer was disqualified from standing in the last board elections. She can contest this year.
Before joining the board in 2014, Guiney had been a vocal critic of the co-op.
More than 200 people turned out on Thursday, November 21 to see what progress has been made on one of NZ's biggest and most comprehensive agriculture research programmes on regenerative agriculture.
The a2 Milk Company (a2MC) says securing more China label registrations and developing its own nutritional manufacturing capability are high on its agenda.
Stellar speakers, top-notch trade sites, innovation, technology and connections are all on offer at the 2025 East Coast Farming Expo being once again hosted in Wairoa in February.
As a guest of the Italian Trade Association, Rural News Group Machinery Editor Mark Daniel took the opportunity to make an early November dash to Bologna to the 46th EIMA exhibition.
Livestock can be bred for lower methane emissions while also improving productivity at a rate greater than what the industry is currently achieving, research has shown.
The horticulture sector is a big winner from recent free trade deals sealed with the Gulf states, says Associate Agriculture Minister Nicola Grigg.
OPINION: Fonterra may have sold its dairy farms in China but the appetite for collaboration with the country remains strong.
OPINION: The Listener's latest piece on winter grazing among Southland dairy farmers leaves much to be desired.