Fonterra Names Four Independently Assessed Director Candidates
Fonterra Co-operative Group has confirmed the independently assessed candidates standing for election to its board in 2026.
Former Fonterra Shareholder Council chairman Duncan Coull has been elected as the new chair for Fertiliser co-operative Ballance Agri-Nutrients.
Current Ballance chair David Peacocke is stepping down as a director in September 2020 at the Annual Shareholders Meeting (ASM) – with Coull taking up the post after the ASM.
Peacocke is a Waikato farmer and businessman. He has been a Ballance director since 2005 and was elected as chair in 2013.
Coull is an Otorohanga-based dairy farmer and was elected on to the Ballance board in 2018.
“Our relationships with everyone from shareholders and customers to suppliers and regulators are extremely important to the success of our company and the agricultural sector,” he says.
“Our farmers continue to adapt and rise to the challenge of increasing expectations of our consumers and communities, while at the same time making sure they are operating sustainably and optimising profitability.”
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Converting a longstanding cropping farm to dairy was the only way to ensure the land stayed in the family long term, says new dairy farmer Rod May.
As the election heats up, Organics Aotearoa New Zealand (OANZ) has launched its election scorecard designed to help voters wanting to support policies that grow organic and New Zealand's organic sector.
A 'tsunami' of milk from key exporting countries is winding down and this may be good news for New Zealand dairy farmers.
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Outgoing Fonterra Co-operative Council chair John Stevenson says that it has been a privilege to represent the co-op's farmer shareholders.

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