Thursday, 29 November 2018 09:31

Grown a pair?

Written by 

The Hound has been a long-and-strong critic of Fonterra’s shareholder council.

So this old mutt was pleased to hear the council finally baring its teeth in its recent annual report on the performance – or more correctly non-performance – of Fonterra during the past year. Council chair Duncan Coull was brutally frank in his assessment of the mothership, telling farmers that Fonterra’s effort over the last 12 months has been “not good enough and fundamental change is required in thinking and practice to reverse the performance of the business”. Meanwhile, your old mate reckons another former shareholder council chairman – current Fonterra big-cheese John Monaghan – would not have enjoyed his former organisation finally growing a pair and giving the co-op a proper serve for once.

 

More like this

Sugar hit

OPINION: Winston Peters has described the decision to sell its brand to Lactalis and disperse the profit to its farmer shareholders as a 'short sighted sugar hit'.

Strange bedfellows

OPINION: Two types of grifters have used the sale of Fonterra's consumer brands as a platform to push their own agendas - under the guise of 'caring about the country'.

Featured

National

Big day at Clash of the Colleges

Craighead Diocesan, Darfield High School and Christchurch Boys' High School took out the three age groups at the Canterbury Clash…

Machinery & Products

» Latest Print Issues Online

The Hound

Sugar hit

OPINION: Winston Peters has described the decision to sell its brand to Lactalis and disperse the profit to its farmer…

Wrong focus?

OPINION: The Hound reckons a big problem with focusing too much on the wrong goal - reducing livestock emissions at…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter