Chinese strategy
OPINION: Fonterra may have sold its dairy farms in China but the appetite for collaboration with the country remains strong.
Fonterra director Colin Armer has resigned.
In a statement released this morning, the corporate farmer gave no reason for his decision. He was reportedly on a shortlist for the Fonterra chairmanship, which becomes vacant when Henry van der Heyden retires in December. However, last week Fonterra announced John Wilson as the chairman-elect.
Armer says for many years he has been a strong supporter of the New Zealand dairy industry and an advocate for Fonterra's important work.
"I will continue to be," he says.
Armer thanked shareholders that have supported him in the past and says he will continue to support the cooperative model in the future.
He says he has nothing but praise for the Fonterra chief executive and the management team. He made no mention of the board.
Armer says he will not be available for further comment.
Recently Armer's company Armer Farms (NI) entered a guilty plea in Tauranga District Court to a charge of unlawful discharge of dairy effluent at a Maketu farm two years ago and was fined $72,000.
A governance group has been formed, following extensive sector consultation, to implement the recommendations from the Industry Working Group's (IWG) final report and is said to be forming a 'road map' for improving New Zealand's animal genetic gain system.
Free workshops focused on managing risk in sharefarming got underway last week.
Annual farmer gathering, the South Island Dairy Event (SIDE), is set to make history as it heads to Timaru for the first time.
Installing 400 solar panels at their Taranaki piggery and cropping operation will have significant environmental, financial and animal welfare benefits for the Stanley family.
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