Revamped Fonterra to be ‘more capital-efficient’
Fonterra chair Peter McBride says the divestment of Mainland Group is their last significant asset sale and signals the end of structural changes.
The note was 'thanking' this old mutt for helping publicise his run as a director in 2014 – claiming it helped lift his profile (what do they say about all publicity being good publicity?). Anyway, the said column referred to a lack of talent among the challengers last year and described the talent pool of potential directors as being "as shallow as the puddle out the back of the Hound's kennel". Anyhow, the said failed candidate claims, "Got to say though that you did lament the caliber [sic] (or lack of) in the challenging pack last year. Surely now with the untrained lot hoping to get onto a sinking lid board this will make last year's lot look like rocket scientists". The Hound reckons his newest 'fan' does make a fair point!
