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.
OPINION: The sudden departure of Fonterra’s chief financial officer Neil Beaumont, just nine months into the job, is raising questions among farmer shareholders.
Milking It believes Beaumont departed after both parties agreed to end his employment.
It’s highly unusual for Fonterra to lose a senior executive within a year of starting in the role. The press release announcing his departure included none of the usual ‘thanks for everything’ and ‘best of luck’ platitudes. Just three paragraphs: ‘he was here, now he’s gone, here’s his (temporary) replacement’.
While Fonterra has kept under wraps the reason for Beaumont’s departure, farmer shareholders aren’t impressed. Some believe the shock departure of Beaumont’s points to the board not taking shareholders into confidence.
Farmers have been airing their concerns to the Government over changes to the Accredited Employer Work Visa scheme.
Cash flow budgeting is going to be critical for dairy farmers in the coming season.
Southland farmers are welcoming moves by the Government to repeal intensive winter grazing rules.
Third-year student Cady Burns has won the Waikato Regional Council Prize in Water Science for 2024.
Sam McIvor has been appointed OSPRI’s next chief executive.
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.
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