Why Fonterra accepted defeat in the dairy aisle
OPINION: Fonterra's sale of its consumer dairy business to Lactalis is a clear sign of the co-operative’s failure to compete in the branded consumer market.
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.
NZPork has appointed Auckland-based Paul Bucknell as its new chair.
The Government claims to have delivered on its election promise to protect productive farmland from emissions trading scheme (ETS) but red meat farmers aren’t happy.
Foot and Mouth Disease outbreaks could have a detrimental impact on any country's rural sector, as seen in the United Kingdom's 2000 outbreak that saw the compulsory slaughter of over six million animals.
The Ministry for the Environment is joining as a national award sponsor in the Ballance Farm Environment Awards (BFEA from next year).
Kiwis are wasting less of their food than they were two years ago, and this has been enough to push New Zealand’s total household food waste bill lower, the 2025 Rabobank KiwiHarvest Food Waste survey has found.
OPINION: Sir Lockwood Smith has clearly and succinctly defined what academic freedom is all about, the boundaries around it and the responsibility that goes with this privilege.