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.
Fonterra is creating two new management roles to increase focus on innovation and driving strategy.
Singapore-based Komal Mistry-Mehta will be the new chief innovation and brand officer.
Mistry-Mehta has been with the co-operative since April 2011 and currently leads its high-value ingredients business, Active Living.
The co-op will also be appointing a managing director strategy and optimisation. The new role is yet to be filed.
Fonterra chief executive Miles Hurrell says since announcing its refreshed strategy in September 2021, the co-op has been working through how to adapt its organisational structure to accelerate progress towards its long-term aspirations.
“Our ambitions are to grow the value we derive from our New Zealand milk through our sustainability credentials, innovation, and nutrition science.
“To enable this, we have established two new Fonterra Management Team (FMT) roles to increase the co-op’s focus on innovation and strategic implementation,” says Hurrell.
The two new management appointments start on August 1.
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.
Trade Minister Todd McClay says New Zealand has no intention of backing down in a trade dispute with Canada over dairy products.
There have been leadership changes at the Hamilton-based Dairy Goat Co-operative, which has been struggling financially in recent years.
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