Fonterra slashes forecast milk price, again
Fonterra has slashed another 50c off its milk price forecast as global milk flows shows no sign of easing.
Fonterra chairman Peter McBride says Leonie Guiney has made a significant leadership contribution to the co-op.
"While stepping down as a director, Leonie will remain a passionate and highly valued member of our co-op,” he says.
“A hard-working director, over the years she has chaired our safety and risk committee and been a member of the audit, finance and risk; co-operative relations; and people, culture and safety committees.
“She has also been a member of the milk price panel and served on the capital structure committee and divestment review committee.
“Always generous with her time and energy, Leonie made a personal sacrifice to give back to the co-op that she loves. We cannot thank her enough. I know Kieran and the family will be glad to get that time back, but I’m sure Leonie’s leadership qualities will not be lost to our industry,’’ says McBride.
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