increase font size
Nominations have opened for this year's Fonterra Board of Directors Elections.
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.
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.
Fresh produce grower and exporter T&G Global has overturned last year’s dismal performance by reporting a half year net profit of $1.7 million.
One of New Zealand’s largest fertiliser plants could be forced to shut down for four months as uncertainty looms over gas supply.
Federated Farmers North Canterbury president Bex Green says two public meetings held this week should have made it loud and clear that rural families and businesses are concerned about proposed staffing changes at NZ Police.
The Environmental Protection Authority (EPA) is consulting on a proposal to ban weedkillers containing chlorthal-dimethyl (DCPA).
August 6 marks Farm Worker Appreciation Day, a moment to recognise the dedication and hard mahi of dairy farm workers across Aotearoa - and DairyNZ is taking the opportunity to celebrate the skilled teams working on its two research farms.
OPINION: The Government has been seeking industry feedback on its proposed amendments to a range of Resource Management Act (RMA) national direction instruments.
