Monday, 17 December 2012 10:53

‘A tick for governance strategy’

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‘A tick for governance strategy’

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.

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