Fonterra, Sharesies join to make share trading easier
Fonterra is teaming up with wealth app provider Sharesies to make it easier for its farmer shareholders to trade co-op shares among themselves.
New Fonterra director Peter McBride says he is overwhelmed with the response in the election.
“I want farmers to know I will do my very best and I will work hard for them,” he told Dairy News.
“It was a good result. I was quite surprised at the outcome with only two people making it through but I guess that is the system.”
He says going into the election he was concerned the farmers may “just see me as a kiwifruit guy”.
“But I think when they got to meet me in person and heard what I had to say then they understood I had something to offer”.
He says his first priority on the board will be to listen. “When you go onto boards you have got to be really careful just to take your time,” he says.
“My main plan is to try and get my head around the business. It is a very large complex business so my aim is to just to spend time with the senior executive and get as much insight into the business as I possibly can. And just contribute wherever I can.
“In the first six months you have got to do a lot of listening, not a lot of talking.”
McBride will step down as chairman of Zespri in February and retire as a Zespri director at the annual general meeting in July next year.
Asked if he would be ready for the Fonterra chairmanship if the directors wanted him to, he said it was too premature to even talk about it.
Third-year student Cady Burns has won the Waikato Regional Council Prize in Water Science for 2024.
The Rural Change programme, providing free private mental health professional sessions to the rural industry, is set to continue its next chapter within Rural Support Trust from 1 July 2024.
Beef + Lamb New Zealand chief executive Sam McIvor will step down in July.
A new report shows farm employers across the dairy, sheep and beef, and arable sectors have continued to invest strongly in one of their greatest assets – their staff.
The country’s 4200 commercial fruit and vegetable growers will vote from May 14 on a new HortNZ levy.
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