Monday, 24 September 2018 12:14

Five-way battle for three Fonterra board seats

Written by  Sudesh Kissun
Leonie Guiney. Leonie Guiney.

Former Fonterra director Leonie Guiney is standing for the co-op’s director elections.

Guiney and corporate farmer John Nicholls self nominated for the board elections.

They will go against the three candidates nominated by Fonterra’s board and Shareholders Council; Peter McBride, Jamie Tuuta and sitting director Ashley Waugh.

Two sitting directors- former chairman John Wilson and Nicola Shadbolt are retiring from the board. Each year three farmer-elected directors retire by rotation.

Guiney, who served on the board for three years, failed to win board nomination last year.

Following the completion of the Self Nomination Process for the 2018 Directors’ Election Process, there are five candidates standing for three places on the Fonterra Board in 2018.

The forthcoming election will now require Fonterra shareholders to consider the five candidates. To be elected to the Board each candidate must receive more than 50% shareholder support. If more than three candidates receive more than 50% shareholder support the three candidates with the highest levels of support will be elected. 

Fonterra shareholders have the opportunity to meet candidates at seven locations throughout the country, starting in Invercargill on October 23.

More like this

All eyes on NZ milk supply

All eyes are on milk production in New Zealand and its impact on global dairy prices in the coming months.

"Our" business?

OPINION: One particular bone the Hound has been gnawing on for years now is how the chattering classes want it both ways when it comes to the success of NZ's dairy industry.

Farmers' call

OPINION: Fonterra's $4.22 billion consumer business sale to Lactalis is ruffling a few feathers outside the dairy industry.

Wasted energy

OPINION: Finance Minister Nicola Willis could have saved her staff and MBIE time and effort over ‘buttergate’ recently by not playing politics with butter prices in the first place.

Featured

NZ household food waste falls again

Kiwis are wasting less of their food than they were two years ago, and this has been enough to push New Zealand’s total household food waste bill lower, the 2025 Rabobank KiwiHarvest Food Waste survey has found.

Editorial: No joking matter

OPINION: Sir Lockwood Smith has clearly and succinctly defined what academic freedom is all about, the boundaries around it and the responsibility that goes with this privilege.

DairyNZ plantain trials cut nitrate leaching by 26%

DairyNZ says its plantain programme continues to deliver promising results, with new data confirming that modest levels of plantain in pastures reduce nitrogen leaching, offering farmers a practical, science-backed tool to meet environmental goals.

National

Machinery & Products

JDLink Boost for NZ farms

Connectivity is widely recognised as one of the biggest challenges facing farmers, but it is now being overcome through the…

New generation Defender HD11

The all-new 2026 Can-Am Defender HD11 looks likely to raise the bar in the highly competitive side-by-side category.

» Latest Print Issues Online

Milking It

Full cabinet

OPINION: Legislation being drafted to bring back the controversial trade of live animal exports by sea is getting stuck in the…

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter