fbpx
Print this page
Monday, 23 November 2015 16:44

Record voting turnout for 2015 Fonterra Elections

Written by 
Fonterra Shareholders' Council chairman, Duncan Coull. Fonterra Shareholders' Council chairman, Duncan Coull.

Fonterra Shareholders' Council chairman, Duncan Coull, says record breaking efforts of shareholders saw 65% of farms, representing 73% of milksolids, cast their votes.

"This is an outstanding result for our co-op," says Coull.

"Fonterra farmers value the principle of 100% ownership and control and it is great to see shareholders, as the owners of Fonterra, come out in numbers to decide the direction in which their co-op will travel.

"My view is that the health of our co-op is dependent on our shareholders and their willingness to participate in the decision making processes and based on the participation rates in this Election I would suggest that our co-op is in very good shape."

More like this

Featured

Farmers will adapt amid global trade turmoil

New tariffs imposed by President Donald Trump signal an uncertain future, but New Zealand farmers know how to adapt to changing conditions, says Auriga Martin, chief executive of Farm Focus.

National

Machinery & Products

Amazone extends hoe range

With many European manufacturers releasing mechanical weeding systems to counter the backlash around the use and possible banning of agrochemicals,…

Gong for NH dealers

New Holland dealers from around Australia and New Zealand came together last month for the Dealer of the Year Awards,…

A true Kiwi ingenuity

The King Cobra raingun continues to have a huge following in the New Zealand market and is also exported to…