Fonterra, Sharesies join to make share trading easier
Fonterra is teaming up with wealth app provider Sharesies to make it easier for its farmer shareholders to trade co-op shares among themselves.
Nominations for the Fonterra Board of Directors’ election open today with an election to be held for two farmer-elected directors.
This year, Andy Macfarlane and Donna Smit retire by rotation.
Macfarlane has confirmed he will stand for re-election and Smit announced last month she would be retiring from the Board.
The Independent Assessment Process will be run first with a nomination period of 5-19 August 2022.
The Independently Assessed candidates will be assessed by an Independent Selection Panel made up of Tony Carter (chair of My Food Bag, TR Group and Datacom Group), Joan Withers (chair of The Warehouse Group) and Rob Campbell (Chair of Health NZ, Environment Protection Authority and NZ Rural Land).
The selection panel’s role is to shortlist and recommend the best candidates to shareholders.
The returning officer will announce the Independent Assessment Process candidates on 19 September 2022.
The Non-Assessment Process, where farmers can put themselves forward as a candidate for the Board outside the Independent Assessment Process, will follow with the nomination period running from 19 - 29 September 2022.
The returning officer will confirm all directors’ election candidates on Friday, 30 September 2022.
The director election will be held using the first past the post system via postal and online voting by Fonterra shareholders.
A vet is calling for all animals to be vaccinated against a new strain of leptospirosis (lepto) discovered on New Zealand dairy farms in recent years.
Two major red meat sector projects are getting up to a combined $1.7 million in funding from the New Zealand Meat Board (NZMB).
Angus Barr and Tara Dwyer of The Wandle, Lone Star Farms in Strath Taieri have been named the Regional Supreme Winners at the Otago Ballance Farm Environment Awards in Dunedin.
OPINION: The distress that the politicians and bureaucrats are causing to the people of Wairoa and the wider Tairāwhiti is unforgivable.
Dairy
Rural banker Rabobank is partnering with Food Rescue Kitchen on a new TV series which airs this weekend that aims to shine a light on the real and growing issues of food waste, food poverty and social isolation in New Zealand.