Fonterra, Sharesies join to make share trading easier
Fonterra is teaming up with wealth app provider Sharesies to make it easier for its farmer shareholders to trade co-op shares among themselves.
Sitting Fonterra board members Brent Goldsack and Cathy Quinn are unopposed at this year’s director elections.
However, as this is an uncontested election, under Fonterra’s board election rules, both sitting directors must gain more than 50% support of votes cast to serve another three-year term.
When nominations for the non-assessment process closed yesterday, Goldsack and Quinn were the only two candidates. Over the years all Fonterra director elections have been contested.
Fonterra shareholders can nominate themselves to contest director elections in two ways: either as independently assessed candidates or go through the non-assessment process.
Goldsack and Quinn were announced last week as the independently assessed candidates after undergoing assessment by an independent panel of agribusiness leaders.
Voting Packs, containing candidate profiles, will be mailed to eligible shareholders from Monday. Shareholders can vote online or by post from Tuesday, October 17.
Voting closes at 10.30am on Tuesday, 7 November 2023 with the results being announced later that day.
New Zealand dairy processors are welcoming the Government’s commitment to continuing to push for Canada to honour its trade commitments.
An educational programme, set up by Beef + Land New Zealand, to connect farmers virtually with primary and intermediate school students has reported the successful completion of its second year.
The Food and Agriculture Organisation of the United Nations (FAO) has welcomed a resolution adopted by the United Nations (UN) General Assembly to declare 2026 International Year of the Woman Farmer.
Waikato herd health veterinarian Katrina Roberts is the 2024 Fonterra Dairy Woman of the Year.
Trade Minister Todd McClay says New Zealand has no intention of backing down in a trade dispute with Canada over dairy products.
There have been leadership changes at the Hamilton-based Dairy Goat Co-operative, which has been struggling financially in recent years.
OPINION: Canterbury milk processor Synlait is showing no sign of bouncing back from its financial doldrums.
OPINION: It seems every bugger in this country can get an award these days.