Wednesday, 16 December 2015 15:51

Yap, yap

Written by 

A mate of the Hound reckons Fonterra's Shareholder Council has proven it's nothing more than a lapdog of the Fonterra board rather than a watchdog for the co-op's farmer shareholders.

He suggests the council's directive to farmers not to vote for the Gent/Armer resolution at the recent annual meeting has removed any doubt about its poodle status. Your canine crusader notes that the council has been accused of being a lapdog since Fonterra's formation and it's pretty hard to argue against the claim when something like three of its former chairmen have gone on to become Fonterra directors – including the current chairman 'Little' Johnny Wilson.

More like this

A great outcome - Hurrell

Fonterra chief executive Miles Hurrell says the sale of the co-op’s consumer and associated businesses to Lactalis represents a great outcome for the co-op.

Featured

National

Machinery & Products

A reliable, no-fuss workhorse

Showcased with a T7.245 at the recent National Fieldays, New Holland has expanded its T7 tractor range offering in New…

» Latest Print Issues Online

The Hound

NZ's handbrake

OPINION: Your old mate gets the sinking feeling that no matter who we vote into power in the hope they…

Witchunt?

OPINION: Newsroom is running a series of articles looking into the influence of lobbying and has kicked it off with…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter