Unanimous support for reducing board size
Fonterra chairman Peter McBride says the proposal to reduce the size of the co-operative's board has unanimous support from sitting directors.
FONTERRA SHAREHOLDERS Council chairman Ian Brown has welcomed South Canterbury farmer Leonie Guiney's election to the co-op board.
Brown has also congratulated sitting directors John Monaghan and David McLeod for winning another term in office.
"I would like to welcome Leonie to the role and congratulate John and David on their re-election," says Brown.
"The council will continue to maintain a strong and effective working relationship with the board."
He also congratulated Penny Smart, Malcolm Piggott, Wilson James and Ellen Bartlett, elected from their respective wards to serve on the council.
James joins Matt Pepper, Shaun Lissington and Emma Hammond, who were elected earlier in the process, as new councillors.
"Succession is important for our council and the co-op and I welcome Matt, Wilson, Shaun and Emma. I look forward to working with them and all returning councillors and trust they will represent their shareholders and the council with diligence and integrity."
Brown also acknowledged the contribution retiring councillors Alex Wright, Dirk Sieling, Graham Hallett, Greg Mitchell, Robin Barkla, and Lloyd McCallum, the only remaining inaugural member of the council.
"When you witness the efforts that these councillors have gone to on behalf of the co-op, which most people never see, it is incredibly humbling and something I greatly appreciate.
"It speaks volumes about the individuals and their passion and commitment for their fellow farmers and our industry."
Brown praised the efforts of shareholders and thanked them for their participation in the elections process.
"The health of our co-op rests with shareholders and their willingness, as owners of Fonterra, to participate in the decision making processes.
"Fonterra farmers value the principle of 100% ownership and control and it is important that they continue to demonstrate their commitment to this."
Trade Minister Todd McClay says New Zealand has no intention of backing down in a trade dispute with Canada over dairy products.
There have been leadership changes at the Hamilton-based Dairy Goat Co-operative, which has been struggling financially in recent years.
Horticulture NZ chief executive Nadine Tunley will step down in August.
OPINION: In recent years farmers have been crying foul of unworkable and expensive regulations.
Another 16 commercial beef farmers have been selected to take part in the Informing New Zealand Beef (INZB) programme designed to help drive the uptake of genetics in the industry.
Trade Minister Todd McClay says Kiwi exporters will be $100 million better off today as the NZ-EU Free Trade Agreement (FTA) comes into force.
OPINION: The new government has clearly signalled big cuts across the public service.
OPINION: Your canine crusader is not surprised by the recent news that New Zealand plant-based ‘fake meat’ business is in…