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New Fonterra directors Andy McFarlane (L) and Brent Goldsack (R), with re-elected director John Monaghan at the co-op’s annual meeting in New Plymouth last week.
Fonterra's two new farmer-elected directors are looking forward to their new roles.
Brent Goldsack and Andy Macfarlane were elected at the co-op’s annual meeting in Hawera last week.
Macfarlane says serving on the board of New Zealand’s largest company is a great responsibility.
Goldsack says he is humbled to be chosen to serve farmers.
“Fonterra is in great shape and I look forward to serving farmers and New Zealand.”
Shareholders voted to elect incumbent director John Monaghan and new directors Brent Goldsack and Andy Macfarlane.
Goldsack lives at Matangi and has farming interests in Waikato and Manawatu.
Born in Taranaki and raised on a dairy farm in Inglewood, Goldsack is a chartered accountant and was a partner at PwC for at least 12 years.
Macfarlane is from Ashburton and has extensive farming interests in Mid Canterbury.
He runs a rural and farm advisory business and is a director of AgResearch and Ngai Tahu Farming and a councillor of Lincoln University.
Goldsack and Macfarlane replace Leonie Guiney and David MacLeod on the board.
Wairarapa farmer John Monaghan was re-elected for another three-year term by farmers.
OPINION: There is zero chance that someone who joined Fonterra as a lobbyist, then served as a general manager of Fonterra's nutrient management programme, and sat on the board of Export NZ, a division of lobbyist group Business New Zealand, doesn't understand that local butter (and milk and cheese) prices are set by the international commodity price.
Kiwis love their butter, and that's great because New Zealand produces some of the best butter in the world. But when the price of butter goes up, it's tough for some, particularly when many other grocery staples have also gone up and the heat goes on co-operative Fonterra, the country's main butter maker. Here the co-op explains why butter prices are so high right now.
An A$2 billion bid for Fonterra's Oceania business would be great news, according to Forsyth Barr senior analyst, equities, Matt Montgomerie.
The world's largest dairy company may be in pole position to acquire Fonterra's Australian assets.
Over 85% of Fonterra farmer suppliers will be eligible for customer funding up to $1,500 for solutions designed to drive on-farm efficiency gains and reduce emissions intensity.
Kiwis love their butter, and that's great because New Zealand produces some of the best butter in the world. But when the price of butter goes up, it's tough for some, particularly when many other grocery staples have also gone up and the heat goes on co-operative Fonterra, the country's main butter maker. Here the co-op explains why butter prices are so high right now.
DairyNZ chair Tracy Brown has waded into the debate around soaring butter prices, pointing out that the demand for dairy overseas dictates the price to farmers and at the supermarket.
Farmers are welcoming new Government proposals to make farm health and safety rules more practical and grounded in real-world farming.
Missing fresh mozzarella cheese made at home in Bari, southern Italy, Massimo Lubisco and his wife Marina decided to bring a taste of home to New Zealand.
An A$2 billion bid for Fonterra's Oceania business would be great news, according to Forsyth Barr senior analyst, equities, Matt Montgomerie.
Irish meat processor Dawn Meats is set to acquire a 70% stake in Alliance Group, according to a report in The Irish Times.
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