Fonterra Suppliers Confident in Mainland Dairy Future
Fonterra's 460 milk suppliers in Australia, who will switch to Lactalis end of this month, are unfazed with the impending change.
Former director Stuart Nattrass has vetoed the independent selection process to stand as a self-nominated candidate after securing the nomination of at least 35 shareholders.
His group of nominators are interesting -- they include a former Federated Farmers chairman, a former Feds dairy chairman and a former Fonterra board member.
A well-known corporate farmer from Bay of Plenty and others are also on the list.
