Fonterra appoints new CFO
Fonterra has appointed a new chief financial officer, seven months after its last CFO’s shock resignation.
Fonterra Shareholders Council chairman Duncan Coull has been re-elected unopposed for another 12-month term.
Coull says he’s excited and energised about the year ahead.
“I look forward to leading the council as we consolidate the hard work that has been undertaken over the past 12 months.
“I’m very mindful of the responsibility this role carries and I will continue to put the interests of our shareholders at the forefront of all actions council undertakes throughout the year.”
The council has a new deputy chairman – Ivan Lines who was first elected to the council in 2013 to represent Fonterra farmers in Northern Southland. Lines will replace Greg Kirkwood who stepped down after two terms.
Lines thanked fellow councillors for putting their faith in him.
“I look forward to supporting our chairman in this important leadership role.”
Coull praised the contribution Kirkwood made during his tenure and backed Lines to step seamlessly into the position.
“Greg’s support has been invaluable to me especially during the recent Governance and Representation review and I thank him for his hard work, dedication and assistance.”
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.
A seminar on rural dispute resolution has been organised at Lincoln University, Christchurch this month.
The legacy of Dr Peter Snow continues to inspire as the recipients of the 2023 and 2024 Peter Snow Memorial Awards were announced at the recent National Rural Health Conference.
One of Fonterra’s global customers, Mars is launching an ambitious sustainable dairy plan to work with dairy farmers and cut emissions by 50%.