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.
Watters has served on the AsureQuality board for over three years, and as deputy chair for the past 18 months.
She is a director of Livestock Improvement Corporation (LIC), and was previously a principal research scientist for Fonterra.
“Her knowledge of AsureQuality, experience in primary industries, and expertise in laboratory management sets her up well to lead the board,” Associate Minister for State Owned Enterprises Shane Jones said.
I’m delighted to have the opportunity to lead the AsureQuality board and to work with management to ensure the continued success of AsureQuality,” said Watters.
She is appointed for three years from 1 November 2019, when current Chair Janine Smith retires after nine years of service.
The Government has acknowledged the contribution and leadership of Smith during her time as chair.
