Monday, 23 November 2015 16:45

Waugh elected to Fonterra board

Written by 
Ashley Waugh has been elected to the Fonterra Board of Directors. Ashley Waugh has been elected to the Fonterra Board of Directors.

A former chief executive of Australian dairy processor National Foods and Waikato dairy farmer Ashley Waugh has been elected to the Fonterra Board of Directors.

Waugh was a critic of Fonterra's performance during the election lead up and questioned why its payout was never substantially ahead of other milk processors.

Fonterra board chairman John Wilson and Nicola Shadbolt were incumbent directors who retained their seats, says returning officer Warwick Lampp, of electionz.com. Blue Read lost his seat and Greg Maughan and Murray Beach were unsuccessful.

Ashley Waugh lives and farms at Pokuru, near Te Awamutu. He is an experienced company director and dairy company executive, having previously worked for the New Zealand Dairy Board in a number of roles since 1991, and latterly as CEO of National Foods in Australia. Ashley is currently chairman of Moa Group Ltd, and a director of Seeka Kiwifruit Industries Ltd and The Heat Group Ltd (Australia).

Shareholders David Gasquoine and Stephen Silcock were elected unopposed as members of the Directors' Remuneration Committee.

In the Shareholders' Council elections, the following Shareholders' councillors were elected:

Ward 14 – Eastern Bay of Plenty Wilson James

Ward 17 – Northern Taranaki Kevin Turnbull

Ward 23 – Hawke's Bay Andrew Hardie

Ward 26 – Tasman/Marlborough Sue Brown

Andrew Hardie and Sue Brown are new shareholders' councillors.

In the eight other Shareholders' Council wards where elections were due, nominees were elected unopposed. The councillors in those wards are:

Ward 2 -Central Northland Penny Smart

Ward 5 - Hauraki / Coromandel Julie Pirie

Ward 8 - Matamata Grant Wills

Ward 11 - Te Awamutu Kevin Ferris

Ward 20 - Egmont Plains Rob Poole

Ward 29 - Ashburton Charles Whitehead

Ward 32 - Otago Ad Bekkers

Ward 35 - Western Southland Vaughan Templeton

All successful candidates will take office at the close of the annual meeting on Wednesday, November 25, 2015.

More like this

Aussie farmers get A$8.60/kgMS as opening milk price

Australian dairy farmers supplying Fonterra are getting an opening weighted average milk price of A$8.60/kgMS for the new season or around NZ$9.26/kgMS -  NZ74c less than New Zealand suppliers, based on the current exchange rate.

Featured

LIC Space folds for good

Farmer co-operative LIC has closed its satellite-backed pasture measurement platform – Space.

Editorial: Time for common sense

OPINION: The case of four Canterbury high country stations facing costly and complex consent hearing processes highlights the dilemma facing the farming sector as the country transitions into a replacement for the Resource Management Act (RMA).

National

DairyNZ Farmers Forum underway

Over 300 farmers and rural professionals have gathered in Hamilton for the first DairyNZ Farmers Forum for this year.

Machinery & Products

Shearing legend hooked on CanAm

Sir David Fagan, world-renowned competitive sheep shearer with 642 shearing titles worldwide and a knighthood to his name, now runs…

50 years of tractor pull

This year, the Fieldays Tractor Pull, in association with PTS Logistics, mark a major milestone – 50 years of crowd-thrilling…

The Wrangler's birthday bash

It's the Wrangler Limited’s 30th birthday and to celebrate the milestone a prototype of the E Series Wrangler - a…

» Latest Print Issues Online

Milking It

Free speech

OPINION: The Free Speech Union is taking this one too far.

Drug survey

OPINION: New national data from The Drug Detection Agency (TDDA), a leading workplace drug tester, shows methamphetamine (meth) use is…

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter