Monday, 11 September 2017 12:21

MacLeod to step down from Fonterra board

Written by 
David MacLeod. David MacLeod.

Fonterra director David MacLeod is retiring from the board after serving six years.

He will step down at the co-op’s annual meeting on November 2.

MacLeod says his decision had been difficult to make, but as the end of his second term on the Fonterra board approached, he had discussed his future plans with his wife and family.

He has determined, given his other priorities, and the extensive time commitment required by a role on the Fonterra Board, to focus his energies on his other governance roles.

Fonterra chairman John Wilson says MacLeod was a dedicated, hard-working director with a strong commitment to the cooperative’s principles.

“On behalf of the board and our farmers I’d like to personally thank David for his contribution and commitment to our cooperative over the last six years. He has served on our board during a period of significant change, including the introduction of Trading Among Farmers, our business strategy refresh and more recently the governance and representation review. He always demonstrated considerable commercial acumen, energy and passion for regional New Zealand in his role on the board.

“We wish David well in his future endeavours and look forward to continuing to work with him in his various, and future, leadership roles,” says Wilson.

Fonterra also confirmed that farmer director Ian Farrelly would be standing down from the board on November 2.

Farrelly retired from the board in 2016 after nine years as a director but returned, at the board’s request, in January 2017 to fill the casual vacancy created when Michael Spaans’ resigned for medical reasons.

More like this

Editorial: A new era for two co-ops

OPINION: Farmer shareholders of two of New Zealand's largest co-operatives have an important decision to make this month and what they decide could change the landscape of the dairy and meat sectors in New Zealand.

Should co-op sell its consumer brands?

OPINION: As CEO of the Dairy Board in the 1980s I was fortunate to work with a team of experienced and capable executives who made most of the brand investments that created the international consumer business Fonterra inherited. Soprole in Chile was the largest, but there were more than 20 countries where consumer marketing companies were established and Anchor and other brands were successfully launched.

Featured

Citrus growers recognised at inaugural awards

Over 240 growers, industry leaders and guests from across the country gathered in Gisborne last month to attend the inaugural Citrus New Zealand Awards dinner celebrating excellence in the sector.

National

Machinery & Products

New McHale terra drive axle option

Well-known for its Fusion baler wrapper combination, Irish manufacturer McHale has launched an interesting option at the recent Irish Ploughing…

Amazone unveils flagship spreader

With the price of fertiliser still significantly higher than 2024, there is an increased onus on ensuring its spread accurately at…

» Latest Print Issues Online

Milking It

Tough times

OPINION: Dairy industry players are also falling by the wayside as the economic downturn bites around the country.

MSA triumph

OPINION: Methane Science Accord, a farmer-led organisation advocating for zero tax on ruminant methane, will be quietly celebrating its first…

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter