For the country’s two largest milk processors, it’s business as usual: milk is coming in, being processed and products shipped to offshore markets without any major hitch.
Last year two farmer nominated candidates won seats ahead of candidates (including one sitting director) endorsed by the Fonterra board and shareholders council. The board anointed candidates also had the blessing of the independent selection panel.
But farmers disregarded that and voted for two self nominated candidates. Two sitting directors are standing again this year.