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Former Fonterra director Stuart Nattrass is making a bid to rejoin the co-op’s board.
Former Fonterra director Stuart Nattrass is making a bid to rejoin the co-op’s board.
The South Canterbury farmer has been confirmed as a self-nominated director candidate. He will face off with the two board-nominated directors Michael Spaans and Donna Smit.
The self nomination process allowed any Fonterra shareholder (with the support of 35 different shareholders) to put themselves forward as a director candidate and be considered for election by their fellow shareholders alongside the previously announced Independent nomination process candidates.
Fonterra shareholders have the opportunity to meet and ask questions of the director candidates at seven meetings throughout the country, starting in Whangarei on November 22 and finishing in Gore on November 25.
Nattrass served on Fonterra’s board for six years before he was voted out by shareholders in 2009; Massey University academic Nicola Shadbolt replaced him.
Fonterra will hold its annual meeting in Darfield on December 8.
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OPINION: Farmer shareholders of two of New Zealand's largest co-operatives have an important decision to make this month and what they decide could change the landscape of the dairy and meat sectors in New Zealand.
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