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Greg Gent with Earl Rattray and Harry Bayliss at the Fonterra AGM today.
Former Fonterra director Greg Gent says boards of 13 are prehistoric.
Gent was commenting on early results showing over 54% support for a motion to reduce the size of the board to nine.
He thanked Fonterra shareholders for their support.
"Getting 54% support from a turnout of 73% (based on milk solids) is great," he says.
Gent says he will not be standing for the board again.
"Our motion has always been about a fitter and leaner board for shareholders."
The motion requires 75% support to change the constitution and will not achieve that.
About 300 Fonterra shareholders at the meeting have cast their votes and they are being counted; during debate it appeared that shareholders at the meeting were split almost 50/50 on the issue.
As dairy farmers lock in plans for the upcoming mating season, a partnership between Fonterra and Silver Fern Farms has been formed with the aim of making it simpler to create additional value from calves not entering the replacement herd.
South Waikato farmer Bas Nelis is always interested in fine-tuning his business to improve results.
Fonterra has reduced its forecast 2026/27 Farmgate Milk Price.
Fonterra's Whareroa site took home the prestigious Directors Award at the co-op's 'Oscars of Manufacturing', while Clandeboye led the way with multiple wins at this year's Best Site Cup.
After 25 years it is the right time to step away, says Colin Glass, the retiring chief executive of New Zealand's largest private corporate dairying company, Dairy Holdings.
Tayla Steele is in her fourth year of a Bachelor of Veterinary Science at Massey University in Palmerston North.
The Ministry for Primary Industries (MPI) says no new cases of H5 bird flu have been detected following a case found earlier this week.
Two months after unveiling a major upgrade to its beef product, Halter says its farmers are on track for major production gains and additional grass growth.
New Zealanders are being urged to be alert following a confirmed positive case of H5 bird flu this week.
With a third of NZ dairy farmers still running outdated refrigerants, the country's largest farm refrigeration company says the opportunity for quick, meaningful emissions gains has never been clearer.
OPINION: Farmers are being put on notice by the Green Party.
