Fonterra cements position as the big cheese!
Fonterra has cemented its position as the country’s number one cheesemaker by picking up nine NZ Champion of Cheese trophies this year.
Fonterra chairman Peter McBride claims an uncontested director election this year reflects the calibre of the two board members up for re-election.
Sitting Fonterra board members Brent Goldsack and Cathy Quinn are unopposed.
However, as this is an uncontested election, under Fonterra’s board election rules, both sitting directors must gain more than 50% support of votes cast to serve another three-year term.
When nominations for the non-assessment process closed last month, Goldsack and Quinn were the only two candidates. This is the first time in the co-op’s history that director elections have not been contested.
McBride told Rural News that while shareholders believe their co-op is well governed, it also reflects the skill sets of Goldsack and Quinn.
“No one else came through the nomination process; that shows the co-op is well governed and the calibre of the incumbents,” he says.
Fonterra Co-operative Council chair John Stevenson is also unopposed for another three-year term on the council.
Meanwhile, former Fonterra Co-operative Council chair Simon Couper is making a comeback to a governance role within the co-operative, 11 years after resigning as chair. Couper stepped down as council chair in 2012, unhappy with some aspects of the proposed Trading Among Farmers (TAF), which was later approved by farmer shareholders.
Voting Packs containing candidate profiles will be mailed to eligible shareholders from Monday. Shareholders can vote online or by post from Tuesday, October 17. Voting closes at 10.30am on Tuesday, 7 November 2023 with the results being announced later that day.
Fonterra has cemented its position as the country’s number one cheesemaker by picking up nine NZ Champion of Cheese trophies this year.
New Zealand dairy processors are welcoming the Government’s commitment to continuing to push for Canada to honour its trade commitments.
An educational programme, set up by Beef + Land New Zealand, to connect farmers virtually with primary and intermediate school students has reported the successful completion of its second year.
The Food and Agriculture Organisation of the United Nations (FAO) has welcomed a resolution adopted by the United Nations (UN) General Assembly to declare 2026 International Year of the Woman Farmer.
Waikato herd health veterinarian Katrina Roberts is the 2024 Fonterra Dairy Woman of the Year.
Horticulture NZ chief executive Nadine Tunley will step down in August.
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