Plant-based bubble bursts
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Fonterra's Board will be looking for a clear mandate from the cooperative's 10,500 dairy farmers when they vote on Trading Among Farmers (TAF) on June 25, says chairman Henry van der Heyden.
Former Fonterra Shareholders Council chairman Simon Couper says the Trading Among Farmers (TAF) model is unable to deliver 100% farmer ownership and control.
Federated Farmers is saddened to see Simon Couper resign as Fonterra Shareholders Council chair, says Feds dairy chairman Willy Leferink.
Fonterra's chairman Henry van der Heyden says the board regrets Simon Couper's decision to stand down as Shareholders Council chairman.
In a blow to Fonterra's trading among farmers (TAF) proposal, Simon Couper has resigned his position as Chair of the Fonterra Shareholders' Council effective immediately.
In a blow to Fonterra's trading among farmers (TAF) proposal, Simon Couper has resigned his position as Chair of the Fonterra Shareholders' Council effective immediately.
Fonterra CEO Theo Spierings says Trading Among Farmers is all about protecting the cooperative and preserving 100% farmer control and ownership – not raising capital.
POTENTIAL BRAND and reputation damage were the “defining issues” behind Fonterra’s decision to hold another TAF (trading among farmers) vote.
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