Fonterra Board Pay Rise: Chair Fee Up to $528,500
Fonterra board members are in line for a pay rise of around 3%.
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.
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Fonterra board members are in line for a pay rise of around 3%.
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