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Fonterra Shareholders Council chairman, Ian Brown and deputy chairman Philip Palmer have been re-elected for another term.
Brown says he appreciated the support he and Palmer have received from fellow councillors.
"I look forward to continuing to lead the council as we work to improve Fonterra farmers' returns through effective monitoring and strong representation."
Their terms began last week and will run for 12 months.
Good news for Fonterra farmers. The co-op has raised this season’s farmgate milk price mid-point by 25c to $9.75/kgMS.
Fonterra board members are in line for a pay rise of around 3%.
Fonterra shareholders can begin voting on Tuesday 20 October in the 2026 Board of Directors’ election, a Co-operative Council election in one Ward, and seven Annual Meeting resolutions.
Fonterra Co-operative Group chief financial officer Andrew Murray has resigned to take up a role outside the dairy giant.
Four candidates have been confirmed for two director positions on Fonterra’s board.
Dunedin-based company MastaPlex, which provides on-farm mastitis diagnostic platform globally, has named a new independent director.
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