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.
Fonterra and its former chief financial officer Neil Beaumont mutually agreed to end his employment last month.
The co-op also confirmed that Beaumont's shock departure was not in any way linked to the co-op's financial performance.
He left after just nine months at the co-op, raising shareholder questions.
Fonterra chief executive Miles Hurrell told the co-op's annual meeting last week that the terms of Beaumont's exit are confidential.
"While the terms of Neil's exit are confidential, I can confirm that his departure was mutually agreed by both Fonterra and Neil and was not in any way linked to the co-op's financial performance.
"While he was with us Neil created some real momentum in terms of how we set and achieve out goals for 2030, including the Resource Allocation Framework, two additional efficiency metrics and cost reduction targets we have added to our performance framework.
"I am determined that this momentum will continue."
Hunters around the country are hoping for some foul weather this weekend with the game bird season getting underway.
Farmers have been airing their concerns to the Government over changes to the Accredited Employer Work Visa scheme.
Cash flow budgeting is going to be critical for dairy farmers in the coming season.
Southland farmers are welcoming moves by the Government to repeal intensive winter grazing rules.
Third-year student Cady Burns has won the Waikato Regional Council Prize in Water Science for 2024.
Sam McIvor has been appointed OSPRI’s next chief executive.
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