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.
Fonterra’s board is backing Zespri chairman Peter McBride, and Maori agribusiness leader Jamie Tuuta in the 2018 board elections.
Sitting director Ashley Waugh has also won nomination from the Fonterra board after being recommended by the independent selection panel.
This means two sitting directors- former chairman John Wilson and Nicola Shadbolt- will leave the board after the annual general meeting in Waikato on November 8.
Returning Officer Warwick Lampp announced the three nominations this morning.
He says the three candidates were nominated by the Fonterra board after being recommended by the independent selection panel.
The Fonterra Shareholders Council is also supporting the three candidates.
The directors’ election process includes two nomination options: the independent nomination process and the self-nomination process.
The self-nomination process, where farmers can stand as a candidate for the board with the support of 35 different shareholders, is now open. Nominations close on Thursday, 20 September 2018.
The full list of candidates for the Fonterra board elections will be announced on September 24.
Voting Packs, containing candidate profiles, will be mailed to eligible shareholders on Monday, 15 October 2018. Shareholders can vote by internet or post, using the first past the post, majority system. Voting closes at 10.30am on Tuesday, 6 November 2018 with the results being announced later that day.
McBride, who became Zespri chairman in 2013, has invested in the kiwifruit and dairy industries.
Tuuta was appointed Moari TV chairman in May this year. He was previously chair of the Parininihi ki Waitōtara Incorporation, the largest farmer in Taranaki and one of the largest milk suppliers to Fonterra.
Rural banker Rabobank is partnering with Food Rescue Kitchen on a new TV series which airs this weekend that aims to shine a light on the real and growing issues of food waste, food poverty and social isolation in New Zealand.
Telco infrastructure provider Chorus says that it believes all Kiwis – particularly those in the rural areas – need access to high-speed, reliable broadband.
World Veterinary Day falls on Saturday 27 April.
The Director General of MPI, Ray Smith says it's important for his department to celebrate the success of a whole range of groups and people around the country.
A small company which mobilised veterinarians around the country to deal with Mycoplasma bovis was one of the winners in this year's Biosecurity Awards, held at Parliament.
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