Fonterra trims board size
Fonterra’s board has been reduced to nine - comprising six farmer-elected and three appointed directors.
Fonterra chairman John Wilson says former PM John Key was a great supporter and advocate of the dairy industry.
Speaking at Fonterra’s annual meeting last week, Wilson said he had the pleasure of joining Key on trade missions over the years.
“He has been a great supporter and advocate of dairy within New Zealand and globally.
“He had deep understanding of our co-op, and an inquisitive mind.”
Wilson says it’s important Fonterra works closely with the new prime minister.
“We have to ensure our trade strategy adapts to a changing global environment that has seen significant political change.”
The red meat sector is adopting the New Zealand Government’s ‘wait and see’ approach as it braces for the second Donald Trump presidency in the US.
Fonterra’s board has been reduced to nine - comprising six farmer-elected and three appointed directors.
Five hunting-related shootings this year is prompting a call to review firearm safety training for licencing.
The horticulture sector is a big winner from recent free trade deals sealed with the Gulf states, says Associate Agriculture Minister Nicola Grigg.
Fonterra shareholders are concerned with a further decline in the co-op’s share of milk collected in New Zealand.
A governance group has been formed, following extensive sector consultation, to implement the recommendations from the Industry Working Group's (IWG) final report and is said to be forming a 'road map' for improving New Zealand's animal genetic gain system.
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