Fonterra trims board size
Fonterra’s board has been reduced to nine - comprising six farmer-elected and three appointed directors.
MICHAEL SPAANS has been elected as the new director on the Fonterra Board of Directors.
Spaans, aged 50, lives in Hamilton and farms at Te Aroha. He was a Shareholders' Councillor from 2000 to 2008 and is currently a director of DairyNZ and several other dairy sector companies.
Shareholders voted to re-elect incumbent directors Malcolm Bailey and Ian Farrelly, says returning officer, Warwick Lampp, of electionz.com Ltd.
Shareholders Scott Montgomery and Gerard Wolvers were elected unopposed as members of the Directors' Remuneration Committee.
In the Shareholders' Council elections Rosss Wallis was elected in Ward 8 – Hamilton and Vaughn Brophy, Ward 21 – Coastal Taranaki.
Both are new Shareholders' Councillors.
In the 11 other Shareholders' Council wards where elections were due, nominees were elected unopposed. The councillors in those wards are:
Ward 3 - Northern Wairoa Penny Smart
Ward 6 - Hauraki Julie Pirie
Ward 9 - Morrinsville Malcolm Piggott
Ward 12 - Cambridge Kevin Monks
Ward 15 - South Waikato Ian Brown
Ward 18 - Otorohanga Duncan Coull
Ward 24 - Southern Taranaki David Werder
Ward 27 - Southern Manawatu Richard Syme
Ward 30 - Northern Central Canterbury Ange Ward
Ward 32 - Southern Canterbury John Gregan
Ward 33 - Otago Ad Bekkers and Ivan Lines
All successful candidates will take office at the close of the annual meeting on Wednesday, November 27, 2013.
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.
Free workshops focused on managing risk in sharefarming got underway last week.
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