Fonterra Names Four Independently Assessed Director Candidates
Fonterra Co-operative Group has confirmed the independently assessed candidates standing for election to its board in 2026.
Shareholder meetings have ended, management have made their case and the ball is now in the farmers’ court.
Not all Fonterra farmers back the divestment, which will see Lactalis paying $4.22 billion for the co-op’s consumer and related businesses.
Expect some farmers to vote from their heart and oppose the sale – voting to keep these iconic brands in NZ hands.
But Fonterra is expecting a majority to say yes. The co-op requires 50.1% support from those who vote – a threshold they should easily achieve.
