Fonterra trims board size
Fonterra’s board has been reduced to nine - comprising six farmer-elected and three appointed directors.
Fonterra is teaming up with New Zealand rugby team captain Richie McCaw as an ambassador to help build pride among New Zealanders for the dairy co-operative.
As part of a partnership agreement through to the end of 2015, McCaw will support Fonterra's community programmes and work with its staff and shareholders.
Announcing the partnership today, Fonterra CEO Theo Spierings says the rugby legend's shared values and ambitions for New Zealand made him a natural fit with Fonterra.
"We're hugely excited to stand shoulder to shoulder with Richie and make some great things happen for New Zealand," Spierings says. "Richie shares our rural values of hard work and honest contribution.
"Fonterra is the envy of the dairy world and we want to build that image at home as well. It's important that we stay connected to our grass roots and make a difference here, as well as globally.
"Thirty thousand New Zealand households earn their living directly from Fonterra and all Kiwis are better off because of our exports, but we know we still have a way to go in building stronger connections with communities in New Zealand and Richie can help us get there.
"Our Milk for Schools pilot in Northland is an important step in the journey. Our partnership with Richie McCaw will help us tell our story and connect with New Zealanders on Milk for Schools and other initiatives."
McCaw says he is excited to be working with Fonterra.
"Fonterra is a great New Zealand company, doing terrific stuff out there in the world and bringing the returns back here, which is good news for all New Zealanders," McCaw says.
"Coming from a rural background, I can appreciate Fonterra's co-op spirit, and the way they're getting in behind the community with programmes like Milk for Schools, and other good ideas in the pipeline.
"I'm happy to team up with Fonterra to make some great things happen for New Zealand," he says.
Prime Minister Christopher Luxon says the relationship between New Zealand and the US will remain strong and enduring irrespective of changing administrations.
More than 200 people turned out on Thursday, November 21 to see what progress has been made on one of NZ's biggest and most comprehensive agriculture research programmes on regenerative agriculture.
The a2 Milk Company (a2MC) says securing more China label registrations and developing its own nutritional manufacturing capability are high on its agenda.
Stellar speakers, top-notch trade sites, innovation, technology and connections are all on offer at the 2025 East Coast Farming Expo being once again hosted in Wairoa in February.
As a guest of the Italian Trade Association, Rural News Group Machinery Editor Mark Daniel took the opportunity to make an early November dash to Bologna to the 46th EIMA exhibition.
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