Displaying items by tag: Colin Armer

Fonterra leaders and proponents of a smaller board could be on a collision course over the proposed governance review process.

Fonterra farmers want a smaller board, says co-op chairman John Wilson.

The proposal to reduce the size of the Fonterra board is one the co-op can no longer ignore say its proponents, Greg Gent and Colin Armer.

Fonterra director Malcolm Bailey says there is a "clear 50/50 split" among shareholders on the issue of governance.

Fonterra shareholders will be watching hawk-eyed this week's annual general meeting in Waitoa.

A former Fonterra farmer director is warning that moves to downsize the co-op's board is fraught with risk.

Former Fonterra directors Greg Gent and Colin Armer are banking on the "silent majority" of co-op shareholders in their quest to revamp the board.

The Fonterra board election was looking like a subdued affair. Chairman John Wilson and sitting directors Blue Read and Nicola Shadbolt were a shoe-in for the three seats up for grabs.

Shareholders will still have their say on the bid for the board reduction from 13 to nine members, say two sponsors of the proposal.

Fonterra's board will tell shareholders this week whether it supports a contentious resolution to reduce the size of the board.