fbpx
Print this page
Friday, 20 September 2019 16:11

Fonterra director to retire

Written by  Staff Reporters
Simon Israel. Simon Israel.

Another Fonterra director is leaving the co-op.

Independent director, Simon Israel will leave the board at the annual general meeting in November when his term expires.

Fonterra says Israel’s decision is in support of planned succession and the need to phase the refresh of the cooperative’s Independent directors.

 Israel was appointed to the board in 2013 and is currently a member of Fonterra’s Appointments and Remuneration Committee. Based in Singapore, Israel has contributed valuable insights from his 39 years of business experience in Asia, leading businesses and as a chairman and company director. He is currently the chairman of Singapore Telecommunications and chairman of Singapore Post.

In a note to the Fonterra farmer-owners today, Fonterra chairman John Monaghan said that internationally respected directors of Israel’s calibre aren’t easy to come by. 

“He has been a real asset on our board over the past six years and I would like to thank Simon for his significant contribution to the board and our cooperative.”

More like this

Fonterra's Whareroa Wins Directors Award

Fonterra's Whareroa Wins Directors Award

Fonterra's Whareroa site took home the prestigious Directors Award at the co-op's 'Oscars of Manufacturing', while Clandeboye led the way with multiple wins at this year's Best Site Cup.

Smith V Fonterra

OPINION: To a chorus of crying greenies, and not a minute too soon, the Government has moved to put the courts back in their place through proposed amendments to the Climate Change Response Act 2002, intending to limit climate litigation claims such as Smith v Fonterra, in the interests of providing greater certainty for vital industry.

Popular Reads

Featured

Pāmu Opens Farm Gates for Summer Open Farm Days

State farmer Pāmu is opening its farm gates this summer in an effort to give the rural sector the opportunity to see how large-scale, multi-system farming is delivering productivity and profitability across New Zealand.

DairyNZ: Waikato Farmers Need Certainty on PC1 Rules

DairyNZ says Waikato farmers need certainty on Plan Change 1, but they say that certainty must be matched with practical, workable rules and a clear transition that doesn't get ahead of the new resource management system currently under review.

National

Machinery & Products