Overbearing?
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South Canterbury dairy farmer and recently-retired Fonterra director Leonie Guiney has welcomed an announcement from the Canterbury Regional Council (ECan) that development of its Regional Policy Statement has been paused.
Departing Fonterra director Leonie Guiney is urging the next generation of co-operative farmers to step up and be there to lead in future.
Fonterra’s board has been reduced to nine - comprising six farmer-elected and three appointed directors.
The future of Fonterra is assured, so long as farmer owners stay engaged in the governance of the industry and the business they collectively own.
Fonterra chairman Peter McBride says Leonie Guiney has made a significant leadership contribution to the co-op.
Outgoing Fonterra director Leonie Guiney is satisfied that she’s leaving the farmer co-operative with a stronger balance sheet.
Fonterra’s board size reduces from 11 to nine in November, meaning two long-time directors who retire this year won’t be replaced.
Fonterra chairman Peter McBride says the proposal to reduce the size of the co-operative's board has unanimous support from sitting directors.
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