Fonterra cements position as the big cheese!
Fonterra has cemented its position as the country’s number one cheesemaker by picking up nine NZ Champion of Cheese trophies this year.
Bay of Plenty farmer and accountant Donna Smit has been nominated by the Fonterra board for one of the two director vacancies.
The board has also nominated director Michael Spaans, retiring by rotation.
Both candidates were recommended by the Independent Selection Panel. The process for their nomination was supported by the Shareholders Council in accordance with the independent nomination process.
As a result of the recent changes to Fonterra’s governance and representation, approved by Shareholder vote at the Special Meeting in October, the 2016 Directors’ Election process includes two nomination options; the independent nomination process and the self-nomination process.
The self-nomination process, where farmers can stand as a candidate for the board with the support of 35 different Shareholders, is now open. Nominations close on Thursday, 10 November 2016.
The full list of candidates for the Fonterra board election, including the independent nomination process candidates and any self-nomination process candidates, will be announced by November 16.
Voting packs, containing candidate profiles, will be mailed to eligible shareholders on November 21.
Shareholders can vote by internet, fax or post, using the First Past the Post, Majority system. Voting closes at 10.30am on Tuesday, 6 December 2016 with the results being announced later that day.
Farmer-led charity, Meat the Need is calling for donations to enable it to supply more meals to families in need.
Weaker pricing and demand from China continue to impact New Zealand red meat export earnings.
Fonterra has cemented its position as the country’s number one cheesemaker by picking up nine NZ Champion of Cheese trophies this year.
New Zealand dairy processors are welcoming the Government’s commitment to continuing to push for Canada to honour its trade commitments.
An educational programme, set up by Beef + Land New Zealand, to connect farmers virtually with primary and intermediate school students has reported the successful completion of its second year.
Horticulture NZ chief executive Nadine Tunley will step down in August.
OPINION: Canterbury milk processor Synlait is showing no sign of bouncing back from its financial doldrums.
OPINION: It seems every bugger in this country can get an award these days.