Wednesday, 25 November 2015 12:52

‘We dropped the ball’ - Wilson

Written by  Sudesh Kissun
Fonterra chairman John Wilson. Fonterra chairman John Wilson.

Fonterra chairman John Wilson has admitted that the co-op has "dropped the ball" when communicating with shareholders.

During a discussion with shareholders at the co-op's annual meeting in Waitoa today, Wilson said that informing farmers earlier this year about new PKE usage limits was one such example.

Wilson says the co-op must get its communications better and it is the front of mind for management.

Former King Country MP, Shane Ardern told the meeting that the co-op was unable to take stakeholders along on its strategy "in these turbulent times".

"We definitely have communication issues," Ardern told the meeting.

"We have to do better in our PR department."

More like this

Fonterra's in good shape

Fonterra released its interim results last month, showing a continuation of the strong earnings performance delivered by the co-op through the 2023 financial year. Here’s what Fonterra chair Peter McBride and chief executive Miles Hurrell said about the results…

China trade

OPINION: Last week's revelation that data relating to New Zealand MPs was stolen amid Chinese state-sponsored cyber espionage targeting two arms of the country’s Parliament could test the long-standing trade relations between the two countries.

Featured

Editorial: War's over

OPINION: In recent years farmers have been crying foul of unworkable and expensive regulations.

NZ-EU FTA enters into force

Trade Minister Todd McClay says Kiwi exporters will be $100 million better off today as the NZ-EU Free Trade Agreement (FTA) comes into force.

National

Food recall system at work

The New Zealand Food Safety (NZFS) has started issuing annual reports, a new initiative to share information on consumer-level recalls…

Machinery & Products

Factory clocks up 60 years

There can't be many heavy metal fans who haven’t heard of Basildon, situated about 40km east of London and originally…

PM opens new Power Farming facility

Morrinsville based Power Farming Group has launched a flagship New Zealand facility in partnership with global construction manufacturer JCB Construction.

» Latest Print Issues Online

The Hound

Cut with care

OPINION: The new government has clearly signalled big cuts across the public service.

Bubble burst!

OPINION: Your canine crusader is not surprised by the recent news that New Zealand plant-based ‘fake meat’ business is in…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter