Monday, 17 December 2012 10:53

‘A tick for governance strategy’

Written by 

Fonterra chairman-elect John Wilson says the strong support for sitting directors is a support for the co-op's governance strategy.


Wilson, who was re-elected with director Nicola Shadbolt for another three-year term, says he is happy to be back.
With 11 candidates vying for the three board seats, Wilson said he never took anything for granted.

"All candidates were of high quality. The strong support for Nicola and I is a support for our governance strategy," he told Rural News online.
Wilson polled the highest number of votes followed by Shadbolt among the 11 candidates. New director Blue Read polled the third highest votes.

Read says he's happy to be back in a governance role. He served as chairman of Fonterra Shareholders Council.

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

Machinery & Products

Calf feeding boost

Advantage Plastics says it is revolutionising calf meal storage and handling, making farm life easier, safer, and more efficient this…

JD's precision essentials

Farmers across New Zealand are renowned for their productivity and efficiency, always wanting to do more with less, while getting…

» Latest Print Issues Online

The Hound

Are they serious?

OPINION: The Greens aren’t serious people when it comes to the economy, so let’s not spend too much on their…

A hurry up!

OPINION: PM Chris Luxon is getting pinged lately for rolling out the old 'we're still a new government' line when…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter