Fonterra's Whareroa Wins Directors Award
Fonterra's Whareroa site took home the prestigious Directors Award at the co-op's 'Oscars of Manufacturing', while Clandeboye led the way with multiple wins at this year's Best Site Cup.
He wants unspecified “alternative measures” otherwise Parliament won’t pass regulatory changes needed for the new structure to become effective.
O’Connor’s stance is going against the wishes of Fonterra’s 10,000 farmer shareholders, who have helped the board draft the capital structure proposal so that it remains 100% farmer owned and controlled.
But O’Connor was singing a different tune when Westland Milk, located on his home patch, was sold to a Chinese buyer two years ago.
He was unhappy with the co-op being offloaded to an overseas buyer and even wished Fonterra had bought the Hokitika-based business.
