Displaying items by tag: PETER MCBRIDE

Fonterra is looking at reducing the size of its board.

Around 100 farms remain inaccessible by road in northern Hawke’s Bay, two weeks after carnage caused by Cyclone Gabrielle.

Fonterra is welcoming key changes made to a bill before Parliament that will finalise the co-operative's new capital structure.

Fonterra is signalling to farmers that it may not meet its earlier pledge to return $1 billion to shareholders and unit holders within two years.

Fonterra chair Peter McBride hopes the Government reaches a decision on its new capital structure before the end of the year.

Fonterra shareholders have voted to increase the allowance of directors and Co-operative Council members.

Fonterra is rejecting claims by rival processors that the co-operative can improperly influence the milk price to boost its raw milk supply.

Fonterra says it has some reservations about the Government’s consultation document on agricultural emissions.

Fonterra says additional measures are not required to reduce the co-operative's discretion in a setting the milk price.

Fonterra shares recorded a jump last week after the co-operative unveiled plans of a $50 million share buyback scheme.