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

Fonterra's Whareroa Wins Directors Award

Fonterra's Whareroa site took home the prestigious Directors Award at the co-op's 'Oscars of Manufacturing', while Clandeboye led the way with multiple wins at this year's Best Site Cup.

Smith V Fonterra

OPINION: To a chorus of crying greenies, and not a minute too soon, the Government has moved to put the courts back in their place through proposed amendments to the Climate Change Response Act 2002, intending to limit climate litigation claims such as Smith v Fonterra, in the interests of providing greater certainty for vital industry.

Featured

National

Machinery & Products

» Latest Print Issues Online

The Hound

Great Idea!

OPINION: Central Hawke's Bay farmer Mark Warren recently told the Hawke's Bay Times it's time for a conversation about allowing…

No Choice

OPINION: A nation that relies as heavily as NZ does on functional global shipping lanes will have to do its…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter