Displaying items by tag: PETER MCBRIDE

Fonterra has unveiled a revised strategy – to maximise farmgate milk price and setting higher targets for dividends and return on capital for shareholders and unit holders.

Nominations for Fonterra’s director elections are open.

Fonterra chairman Peter McBride says Leonie Guiney has made a significant leadership contribution to the co-op.

 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 says the sale of its global consumer business and its Oceania and Sri Lankan operations could take 18 months to complete.

Fonterra is exploring full or partial divestment options for its global Consumer business, as well as its integrated businesses Fonterra Oceania and Fonterra Sri Lanka.

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…

Fonterra chair Peter McBride has been named the new chair of Australia's largest fresh fruit, vegetable and cut flowers trader.

Independent Fonterra director Scott St John is stepping down from the role, citing an increasing workload.

Fonterra chair Peter McBride says the co-operative isn't thinking about offering farmers any financial incentives for lowering their on-farm emissions profile.