Richard Allen to Take Top Job at Fonterra
Fonterra says Richard Allen will succeed Miles Hurrell as its new chief executive.
Last year two farmer nominated candidates won seats ahead of candidates (including one sitting director) endorsed by the Fonterra board and shareholders council. The board anointed candidates also had the blessing of the independent selection panel.
But farmers disregarded that and voted for two self nominated candidates. Two sitting directors are standing again this year.
