Displaying items by tag: Fonterra

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

A proposal to reduce Fonterra's board to nine has received over 50% support from shareholders.

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

Fonterra sold $9 million of products at China's 'Double 11' one-day online event this month.

Fonterra chief executive Theo Spierings says the co-op must "stay the course" despite market uncertainty.

Fonterra chairman John Wilson says the co-op has invested $2.4 billion in additional capacity over the last three years.

Fonterra's newest board member Ashley Waugh is looking forward to "quickly becoming a productive member of the board".

Ousted Fonterra director Blue Read says he is disappointed.

Fonterra farmers are leading the way in responsible dairying with 98% of farm waterways now stock excluded, the co-op says.

Fonterra will focus on 'tier three' and 'four' cities in its bid to double sales in China in the next five years to $10 billion per annum, chief executive says.