Fonterra trims board size
Fonterra’s board has been reduced to nine - comprising six farmer-elected and three appointed directors.
Fonterra Co-operative Council chair James Barron is stepping down after three years in the role.
Barron, who represents South Waikato on the council, retires by rotation this year and isn't seeking re-election.
He will hand over to a new chairman, to be elected by the 25 councillors, at Fonterra's annual meeting in early November. A new councillor for South Waikato will also be elected at the annual meeting.
Barron told Rural News that he was confident now was a good time to step down and hand over the reins to someone else.
"I'm confident now is a good time for succession to happen," he says.
"There has been a lot going on in the co-op over the last few years. Now we are in a period of relative stability and that allows me to step back and focus on other areas."
Fonterra’s board has been reduced to nine - comprising six farmer-elected and three appointed directors.
Five hunting-related shootings this year is prompting a call to review firearm safety training for licencing.
The horticulture sector is a big winner from recent free trade deals sealed with the Gulf states, says Associate Agriculture Minister Nicola Grigg.
Fonterra shareholders are concerned with a further decline in the co-op’s share of milk collected in New Zealand.
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.
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