Fonterra appoints new CFO
Fonterra has appointed a new chief financial officer, seven months after its last CFO’s shock resignation.
Three sitting Fonterra directors - chairman Peter McBride, Leonie Guiney and John Nicholls - have been re-elected to the board for another three-year term.
The three directors were the only candidates for board elections this year: however new election rules mean a candidate must get over 50% of the votes cast to be elected.
Fonterra Co-operative Council chairman James Barron announced that shareholders had voted to re-elect the three sitting directors.
Elections were also held in three council wards.
In Ward 10 (Northern Bay of Plenty) Don Hammond was re-elected.
In Ward 13 (Central Taranaki) Karyn Johnson and in Ward 19 (Tasman / Marlborough) Simon Tripe defeated their opponents to get elected to the council for the first time.
In the seven other Co-operative Council wards where elections were due, nominees were elected unopposed.
They are: Ward 1 (Northern Northland) Peter Giesbers, Ward 2(Central Northland) Greg Collins, Ward 7 (Waipa) Mike Montgomerie, Ward 16 (Central Districts West) Megan Cushnahan, Ward 21 (Central Canterbury) Mark Slee, Ward 22 (South Canterbury) Mark Cressey and Ward 25 (Western Southland) Kevin Dixon.
Giesbers, Collins, Cushnahan, Cressey and Dixon are new councillors.
More bull breeders are using genetic tools according to the latest research.
Females are dominating the veterinary profession worldwide and many farmers are welcoming this change in the composition of the profession, says Britain's Chief Veterinary Officer (CVO) Professor Christine Middlemiss.
A five-year randomised survey of herbicide resistance on New Zealand arable farms has found widespread high levels of resistance - with 71% of farms affected in the worst-hit region - South Canterbury.
OPINION: The recent Federated Farmers / Rabobank 2024 Farming Salaries Report revealed strong growth in farm salaries over the past two years.
The low unemployment environment is one of the key factors driving on-farm salaries higher over the past 24 months, says Rabobank general manager for country banking Bruce Weir.
Fonterra has appointed a new chief financial officer, seven months after its last CFO’s shock resignation.