Fonterra Whareroa sets cheese record, wins top award
Fonterra Whareroa wrapped up a successful season with a record-breaking cheese production volume and several gongs at the co-op's annual Best Site Cup awards.
Independent Fonterra director Scott St John is stepping down from the role, citing an increasing workload.
The co-operative announced that St John will leave the Fonterra board on May 31, 2024 after serving for seven years.
Fonterra chairman Peter McBride says St John has made the decision in consideration of his workload and increase in governance commitments.
“I’d like to thank Scott for the time and energy he’s given Fonterra and its farmers. Scott has brought to the Board his vast knowledge of financial markets and passion for innovation,” says McBride.
St John is the chair of Fisher & Paykel Healthcare and serves on the boards of ANZ Bank, Mercury, and NEXT Foundation. He will step into the role of chair of Mercury from 1 January 2024.
He currently serves as a member of Fonterra’s audit, finance and risk committee, sustainability and innovation committee, and disclosure committee. He was also previously chair of the milk price panel for over six years.
“I’ve thoroughly enjoyed my time with Fonterra, including working with the board and management team through its strategic reset. The Co-op has seen a real turnaround in its performance and has a bright future. I look forward to seeing Fonterra’s continued success as it works to grow long-term value for farmers,” says Mr St John.
The Fonterra board will shortly commence a search process to replace St John and farmer shareholders will have an opportunity to ratify that appointment at the 2024 annual meeting.
A major milestone on New Zealand's unique journey to eradicate Mycoplasma bovis could come before the end of this year.
We're working through it, and we'll get to it.
The debate around New Zealand's future in the Paris Agreement is heating up.
A technical lab manager for Apata, Phoebe Scherer, has won the Bay of Plenty 2025 Young Grower regional title.
Following heavy rain which caused flooding in parts of Nelson-Tasman and sewerage overflows in Marlborough, the Insurance & Financial Services Ombudsman Scheme (IFSO Scheme) is urging homeowners and tenants to be cautious when cleaning up and to take the right steps to support claims.
Newly elected Federated Farmers meat and wool group chair Richard Dawkins says he will continue the great work done his predecessor Toby Williams.
OPINION: It's official, Fieldays 2025 clocked 110,000 visitors over the four days.
OPINION: The Federated Farmers rural advocacy hub at Fieldays has been touted as a great success.