Data sharing initiative wins national award for saving farmers time
The work Fonterra has done with Ballance Agri-Nutrients Ltd, LIC and Ravensdown to save farmers time through better data connections has been recognised with a national award.
The first batch of candidates for the 2018 Fonterra farmer director elections will be unveiled next week.
Returning officer Warwick Lampp will announce the independent nomination candidates on September 10.
Fonterra’s director election rules allow prospective candidates to nominate themselves through two channels: the independent nomination process or the self-nomination process, but not both, in the same election cycle.
Candidates opting for the independent nomination process will be assessed by an independent selection panel; after the confidential selection process, the panel will provide an assessment to the co-op board and shareholders council.
Self-nominations, where farmers may put themselves forward as candidates outside the independent nomination process, would follow, with the nomination period running from Monday, September 10 to Thursday, September 20.
Former Fonterra chairman John Wilson has indicated he will retire from the board at the annual meeting in Waikato on November 8, meaning at least one seat will become vacant.
Two other directors – Nicola Shadbolt and Ashley Waugh -- will also retire by rotation; they have yet to publicly re-nominate themselves. Former Fonterra director Leonie Guiney is likely to self-nominate.
Lampp will confirm all candidates on September 24.
The election will be held using the ‘first past the post-majority’ system via postal and online voting by Fonterra shareholders.
Only Fonterra shareholders are eligible to stand; they must satisfy eligibility requirements in order to be elected.
Nominations for the shareholders' council and directors remuneration committee elections will also be called in September.
Shareholders council members in nine wards will retire by rotation this year.
Managing director of Woolover Ltd, David Brown, has put a lot of effort into verifying what seems intuitive, that keeping newborn stock's core temperature stable pays dividends by helping them realise their full genetic potential.
Within the next 10 years, New Zealand agriculture will need to manage its largest-ever intergenerational transfer of wealth, conservatively valued at $150 billion in farming assets.
Boutique Waikato cheese producer Meyer Cheese is investing in a new $3.5 million facility, designed to boost capacity and enhance the company's sustainability credentials.
OPINION: The Government's decision to rule out changes to Fringe Benefit Tax (FBT) that would cost every farmer thousands of dollars annually, is sensible.
Compensation assistance for farmers impacted by Mycoplama bovis is being wound up.
Selecting the reverse gear quicker than a lovestruck boyfriend who has met the in-laws for the first time, the Coalition Government has confirmed that the proposal to amend Fringe Benefit Tax (FBT) charged against farm utes has been canned.
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