Displaying items by tag: Fonterra

Former Fonterra chairman John Monaghan says the co-operative’s capital structure isn’t broken, but needs tweaking to ensure it remains fit for the future.

New Fonterra chairman Peter McBride’s first official engagement was an address to the co-operative’s unit holders.

Fonterra is pulling out of another non-core business – importing palm kernel expeller.

Former Fonterra Shareholders Council chair and Waipu farmer Simon Couper suggests they should be reviewing strategy, not the council.

Fonterra chief executive Miles Hurrell says work will continue this year on the co-operative’s business reset.

A capital structure that gives farmers flexibility is a priority for re-elected Fonterra director Brent Goldsack.

Outgoing Fonterra chairman John Monaghan says he will keep a watchful but silent eye on Fonterra from the back paddocks.

Auckland lawyer and new Fonterra director Cathy Quinn is looking forward to making a positive contribution around Fonterra’s board table.

Covid-related uncertainty continues to affect global dairy markets but strong demand from China is helping New Zealand farmers.

Many Fonterra farmers have expressed their pride in the way the co-op board, management and staff have kept the wheels of the business turning during Covid-19.