fbpx
Print this page
Thursday, 20 December 2018 19:01

John Nicholls elected to Fonterra board

Written by 
John Nicholls. John Nicholls.

Fonterra farmers have elected Canterbury farmer John Nicholls to the board.

Nicholls received 53% support in the second director election; the other candidate Jamie Tuuta received 37% support.

Nicholls’ election means Fonterra farmers have only elected one of the three candidates recommended by Fonterra directors and the Shareholders Council this year.

The outcome also raises questions on the independent candidate assessment panel (CAP), which interviews potential candidates and recommends them to the board and council.

Outgoing Zespri chairman Peter McBride is the only successful candidate recommended by the CAP process and backed by the board and councillor.

McBride was successful in the first election along with Leonie Guiney, who like Nicholls, self-nominated with the backing of farmer shareholders.

 Former Fonterra director Ashley Waugh, who was unsuccessful in the first election, and Tuuta were recommended by the CAP process and Fonterra’s board.

The first election saw only two successful candidates declared forcing the council to run a second election to fill a third vacancy on the board.

Returning Officer Warwick Lampp, of electionz.comLtd, declared the final result of the second 2018 election today.

The voting return was 64.10% by milk solids, being 5,324 votes cast from 9,347 shareholders of which 79.19% voted via the internet and 20.81% voted by post.

Nicholls was a previous Fonterra Shareholders Councillor and is currently chair of MHV water, NZ’s largest inter-generational irrigation co-operative providing water to 50,000ha in Ashburton District.

He takes up his position on the board immediately.

 

More like this

Strange bedfellows

OPINION: Two types of grifters have used the sale of Fonterra's consumer brands as a platform to push their own agendas - under the guise of 'caring about the country'.

Featured

US removes reciprocal tariff on NZ beef

Red meat farmers and processors are welcoming a US Government announcement - removing its reciprocal tariffs on a range of food products, including New Zealand beef.

India-New Zealand free trade agreement (FTA) dairy outcomes

OPINION: As negotiations advance on the India-New Zealand FTA, it’s important to remember the joint commitment made by Indian Prime Minister Narendra Modi and New Zealand Prime Minister Christopher Luxon at the beginning of this process in March: for a balanced, ambitious, comprehensive, and mutually beneficial agreement.

Honesty vital in flood insurance claims, says IFSO

As New Zealand experiences more frequent and severe flooding events, the Insurance & Financial Services Ombudsman Scheme (IFSO Scheme) is urging consumers to be honest and accurate when making insurance claims for flood damage.

National

Machinery & Products

New pick-up for Reiter R10 merger

Building on experience gained during 10 years of making mergers/ windrowers, Austrian company Reiter has announced the secondgeneration pick-up on…