Monday, 17 December 2012 10:53

‘A tick for governance strategy’

Written by Pamela Tipa

font size decrease font size increase font size
Print
Email

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

Winston Peters calls Fonterra vote result 'utter madness'

Winston Peters calls Fonterra vote result 'utter madness'

New Zealand First leader and Foreign Affairs Minister Winston Peters has blasted Fonterra farmers shareholders for approving the sale of iconic brands to a French company.

Winston's crusade

Winston's crusade

OPINION: A short-term sugar hit. That's what NZ First leader Winston Peters is calling the proposed sale of Fonterra's consumer and associated businesses.

Fonterra executive named new Massey University vice chancellor

When Professor Pierre Venter takes up his new role as vice chancellor at Massey University next February it will just be a matter of taking a few steps across the road to get to his new office at the Palmerston North Campus.

Survey shows most Fonterra farmers plan to use capital return for debt reduction

A large slice of the $3.2 billion proposed capital return for Fonterra farmer shareholders could end up with the banks.

Fonterra’s $3.2b capital return to farmers set to boost rural incomes and NZ economy

According to ASB, Fonterra's plan to sell it's Anchor and Mainlands brands could inject $4.5 billion in additional spending into the economy.

Popular Reads

Fonterra to boost UHT cream production with $150m plant

With Fonterra's UHT plant at its Edendale site less than a year from completion, demand continues to grow for products…

Bold taste wins gold medal

Alliance Group's Pure South Handpicked 55 Day Aged Beef has been recognised on the world stage, securing top honours at the…

Pamu and LIC to launch Synergizer

The first calves of a new crossbred dairy-beef offering are now on the ground at a Pamu (Landcorp) farm near…

Divestment means Fonterra can focus on its strengths

OPINION: Fonterra's board has certainly presented us, as shareholders, with a major issue to consider.

Rising energy prices put NZ meat processing industry under pressure

Rising energy prices are putting financial pressure on the meat processing industry, according to the chair of Meat Industry Association, Nathan…

Featured

Carrfields invests in new Ashburton R&D hub

The Ashburton-based Carrfields Group continues to show commitment to future growth and in the agricultural sector with its latest investment, the recently acquired 'Spring Farm' adjacent to State Highway 1, Winslow, just south of Ashburton.

Winston Peters calls Fonterra vote result 'utter madness'

New Zealand First leader and Foreign Affairs Minister Winston Peters has blasted Fonterra farmers shareholders for approving the sale of iconic brands to a French company.

Elite sheep dogs to go head-to-head at Ashburton A&P Show

A major feature of the Ashburton A&P Show, to be held on October 31 and November 1, will be the annual trans-Tasman Sheep Dog Trial test match, with the best heading dogs from both sides of the Tasman going head-to-head in two teams of four.

Fewer bobby calves as dairy farmers shift to beef breeding

Fewer bobby calves are heading to the works this season, as more dairy farmers recognise the value of rearing calves for beef.

Low-footprint feed drives high-profit, low-emissions dairy

The key to a dairy system that generates high profit with a low emissions intensity is using low footprint feed, says Fonterra program manager on-farm excellence, Louise Cook.

Farmlands returns to profit with strong FY25 result

Rural retailer Farmlands has reported a return to profitability, something the co-operative says shows clear progress in the second year of its five-year strategy.

National

Tributes paid to Jim Bolger

Dignitaries from all walks of life – the governor general, politicians past and present, Maoridom- including the Maori Queen, church…

Todd McClay urges farmers to prioritise safety amid storm

Agriculture and Forestry Minister, Todd McClay is encouraging farmers, growers, and foresters not to take unnecessary risks, asking that they…

Royal A&P Show Returns to Canterbury: Record livestock entries and renewed prestige

The Royal A&P Show of New Zealand, hosted by the Canterbury A&P Association, is back next month, bigger and better…

Farmers Lead Sustainability Push: Woodchip bioreactor cuts nitrate runoff in Manawatu

Claims that farmers are polluters of waterways and aquifers and 'don't care' still ring out from environmental groups and individuals.…

MPI’s Diana Reaich: Building global trade relationships

Relationships are key to opening new trading opportunities and dealing with some of the rules that countries impose that impede…

Machinery & Products

Case IH's expanded Optum Series shorter, lighter and faster

Currently available in New Zealand in 250, 270, 300 and 400 horsepower options, Case IH’s Optum Series is being readied…

Kubota to start field testing robotic tractor

Kubota has announced plans to start field testing the autonomous hydrogen powered fuel cell tractor it recently unveiled at Expo…

New player set to enter SP Mower market

While the Krone Big M has set the standard for many years, sources close to Rural News, with an ear…

US tariffs hit European ag machinery markets

The climate of uncertainty and market fragmentation that currently characterises the global economy suggests that many of the European agricultural…

Claas unveils next-generation large square baler concept ahead of Agritechnica 2025

Innovation awards at international agricultural events are always on the wishlist of manufacturers.

» Latest Print Issues Online

dairynewscover

ruralnewscover

winegrowercover

The Hound

Red faced

OPINION: The Greens have taken the high moral ground on the Palestine issue and been leading political agitators in related…

Cold comfort

One of the most galling aspects of the tariffs whacked on our farm exports to the US is the fact…

» Connect with Rural News

RSS Facebook Twitter

» eNewsletter