Displaying items by tag: Fonterra

Eleven candidates will contest three Fonterra board seats this year.

Fonterra has appointed the establishment board of FSF Fund Management Company Ltd, the manager of the Fonterra Shareholders Fund.

FONTERRA CHAIRMAN Henry van der Heyden says the $8.2 million paid out to former chief executive Andrew Ferrier is not a ‘golden parachute’ deal. It is instead related to Ferrier’s performance during his eight-year stint at the co-op.

DAIRY INDUSTRY leaders are certain about one thing: uncertainty in the global dairy market.

Director candidates for the 2012 Fonterra elections will be announced on Tuesday, October 23.

Fonterra is closing a plant in Victoria as part of a review of its Australian operations. Its manufacturing site at Cororooke will close next year.

The Fonterra Shareholders Council has given its approval to TAF (trading among farmers), paving the way for Fonterra board to launch the share trading scheme.

Fonterra Shareholders Council chairman, Ian Brown says Fonterra board's decision to retain the services of directors Henry van der Heyden and Ralph Waters into 2013 would provide stability for the introduction of Trading Among Farmers (TAF).

Waikato dairy processor Tatua has announced a final payout of $7.50/kgMS for 2011-12, easily beating Fonterra.

FONTERRA CHIEF executive Theo Spierings is expected to announce this week that the co-op’s annual revenues have for the first time exceeded $20 billion. The achievement caps Spierings first year at the helm of the co-op.