Friday, 02 August 2019 15:33

Retiring Fonterra directors seek re-election

Written by 
Andy Macfarlane and Donna Smit are both seeking re-election. Andy Macfarlane and Donna Smit are both seeking re-election.

Nominations for the Fonterra board elections open today: two farmer-director positions are up for grabs.

Sitting directors Donna Smit and Andy Macfarlane retire by rotation: both are seeking re-election.

The Independent Assessment Process will be run first with a nomination period of 2-16 August 2019. The Independently Assessed Candidates will be rigorously assessed by an independent Selection Panel of three highly respected governance experts. 

This year, the Panel comprises Tony Carter (chairman of Air New Zealand and Fisher & Paykel Healthcare), Joan Withers (chair of Mercury NZ and The Warehouse Group) and Rob Campbell (chair of Skycity Entertainment Group, Summerset, Tourism Holdings and WEL Networks). Their role is to shortlist and recommend the best candidates to Fonterra’s Shareholders.

The Returning Officer will announce the Independent Nomination Process candidates on 17 September 2019.

The Non-Assessment Process, where farmers can put themselves forward as a  candidate for the Board outside the Independent Assessment Process, will follow with the nomination period running from 17- 27 September 2019.

The Returning Officer will confirm all candidates on 30 September.

The Directors’ Election will be held using the ‘first past the post’ system via postal and online voting by Fonterra shareholders. 

More like this

Dairy’s Christmas cheer

After a challenging year, dairy farmers will go into the festive season buoyed by high farm gate milk prices.



Keeping your farm protected

Biosecurity isn't just about border control at the airport or ports, writes Nita Harding, DairyNZ technical policy advisor.

» Latest Print Issues Online

Milking It

» Connect with Dairy News