Displaying items by tag: Fonterra

Fonterra farmers want a smaller board, says co-op chairman John Wilson.

The proposal to reduce the size of the Fonterra board is one the co-op can no longer ignore say its proponents, Greg Gent and Colin Armer.

Former Fonterra director Greg Gent says boards of 13 are prehistoric.

Fonterra director Malcolm Bailey says there is a "clear 50/50 split" among shareholders on the issue of governance.

A proposal to reduce Fonterra's board to nine has received over 50% support from shareholders.

Fonterra chairman John Wilson has admitted that the co-op has "dropped the ball" when communicating with shareholders.

Fonterra sold $9 million of products at China's 'Double 11' one-day online event this month.

Fonterra chief executive Theo Spierings says the co-op must "stay the course" despite market uncertainty.

Fonterra chairman John Wilson says the co-op has invested $2.4 billion in additional capacity over the last three years.

Fonterra's newest board member Ashley Waugh is looking forward to "quickly becoming a productive member of the board".