Thursday, 23 June 2022 10:55

New chair for Fonterra Shareholders Fund

Written by Sudesh Kissun

font size decrease font size increase font size
Print
Email

Fonterra Shareholders Fund chairman, left, pictured with former agriculture minister Nathan Guy, will step down at the end of the year.

The independent chair of Fonterra Shareholders Fund John Shewan is stepping down later this year.

Another director Kim Ellis has also indicated his intention to retire at the fund's annual meeting in November.

The fund board has appointed Mary-Jane Daly as chair-elect.

Daly was elected to the board in November 2020.

She is currently chair of the Earthquake Commission and an Independent Director of Kiwibank and Kiwi Property Group Limited. She has a strong background in insurance, banking and finance with experience in a variety of senior roles both in New Zealand and the United Kingdom.

More like this

Unit holders finally smiling

Unit holders finally smiling

After years of average or below-average returns, Fonterra unit holders received a record dividend in 2023.

Fonterra Fund unit price slumps

Fonterra Fund unit price slumps

Fonterra's new capital structure has been partly responsible for the slump in price investor-held units, the Fonterra Shareholders Fund (FSF) annual meeting heard last week.

Popular Reads

Why This Canterbury Cropping Farm Converted to Dairy

Converting a longstanding cropping farm to dairy was the only way to ensure the land stayed in the family long…

Peters Targets Fonterra

OPINION: Get offside with New Zealand First leader Winston Peters at your own peril.

Seeka Posts Record $62m Profit as Zespri Lifts 2026 Forecast

More signs of a booming kiwifruit sector.

Fonterra Names Four Independently Assessed Director Candidates

Fonterra Co-operative Group has confirmed the independently assessed candidates standing for election to its board in 2026.

Inside the Southland Dairy Farm Where Robots and Pasture Work Together

In Dacre, near Invercargill in New Zealand’s South Island, Bruce Dinnington is running a dairy operation unlike any other.

Featured

Pāmu FY26 Report: Profit More Than Doubles to $113m

Pāmu has released its FY26 Integrated Annual Report, reporting a Net Operating Profit of $113 million, more than double the $49 million recorded in FY25.

NZ Red Meat Exports Hit $867m in August, Up 23%

Meat Industry Association data, released alongside the Red Meat Sector conference in Wellington, shows export value climbing across the US, China, UK and Canada.

Applications open for 2027 Zanda McDonald Award

Applications are set to open for the 2027 Zanda McDonald Award, a trans-Tasman award recognised for identifying and fast-tracking talented young leaders in agriculture and agribusiness.

GP Rural: New Pathway Proposed to Fix Rural GP Shortage

The Royal New Zealand College of General Practitioners (the College) and Hauora Taiwhenua Rural Health Network are calling for investment in a proposed new training pathway for rural GPs, warning that many rural practices are struggling to recruit while a large share of the existing workforce nears retirement.

CODC Sludge-to-Lauder Plan Slammed by Federated Farmers

Federated Farmers has called on Central Otago District Council (CODC) to drop or vote down a plan to truck sludge from Alexandra and Cromwell to farmland near Lauder, warning it would compound an "outrageous" situation created by a separate council's decision weeks earlier.

Synlait FY26 Result: $75.4m Loss, Second-Half Profit

Synlait has swung to second-half profit as operations stabilise, but the dairy processor still posted a $75.4m annual loss.

National

Southland Farmers Face Wet Weather Toll, Support Available

Farmers across parts of Southland and South Otago are continuing to deal with difficult conditions after a prolonged run of…

Federated Farmers Welcomes RMA Replacement Passing

Federated Farmers says new legislation replacing the Resource Management Act will cut red tape, unlock investment and help grow New…

Major Parties to Debate Farming Policy Ahead of Election

Leading figures from the major political parties will be questioned on their primary sector policies at the Rural Issues Debate…

RMA Reform: Sheep & Beef Farmers React to New Bills

Beef + Lamb New Zealand (B+LNZ) says it welcomes the passage of the Natural Environment Bill and Planning Bill, calling…

OANZ Launches Election Scorecard on Organic Policy

As the election heats up, Organics Aotearoa New Zealand (OANZ) has launched its election scorecard designed to help voters wanting…

Machinery & Products

Makita Launches GP001G 40VMax XGT Cordless Grease Gun

Power tool manufacturer Makita has released details of its new cordless GP001G 40vMax XGT grease gun, designed as a practical…

Fendt 832 Vario Sets DLG PowerMix Fuel Efficiency Record

Operating large tractors became more expensive back in March due to the ongoing Strait of Hormuz conflict, meaning contractors had…

Motueka Farm Machinery Sold as Sturgeons Retire After 44 Years

Close to the Abel Tasman and Kahurangi National Parks, Motueka is known for apples, pear and kiwifruit orchards, alongside specialised…

Can-Am Unveils 2027 SSV, ATV Range With New Defender HD10

Can-Am has introduced its 2027 range of side-by-side vehicles (SSV) and all-terrain vehicles (ATV), including the industry leading Defender, the…

NZ Technicians Honoured at 2026 John Deere Awards in Brisbane

Leading John Deere technicians and apprentices from New Zealand and Australians were recognised at the recent sixth annual JD Technician…

» Latest Print Issues Online

dairynewscover

ruralnewscover

winegrowercover

The Hound

'LinkedIn Greens'

OPINION: The same mainstream media muppets that brought you Jacindamania in 2017 have been flat out pimping for the Opportunities…

UK Warning

OPINION: Your old mate reckons the atrocious way farmers in the UK are treated by their lords and masters in…

» Connect with Rural News

RSS Facebook Twitter

» eNewsletter