Fonterra FY26 Results: $9.69 Milk Price, $3.4bn Profit
Fonterra has unveiled its annual results for the 2026 financial year, posting $27 billion in revenue and close to $20 billion returned to New Zealand farmer owners and unit holders.
Barron, who represents South Waikato on the council, retires by rotation this year and isn't seeking re-election.
He will hand over to a new chairman, to be elected by the 25 councillors, at Fonterra's annual meeting in early November. A new councillor for South Waikato will also be elected at the annual meeting.
Barron told Rural News that he was confident now was a good time to step down and hand over the reins to someone else.
"I'm confident now is a good time for succession to happen," he says.
"There has been a lot going on in the co-op over the last few years. Now we are in a period of relative stability and that allows me to step back and focus on other areas."
