Fonterra shareholders re-elect chairman

Last updated 12:09 18/07/2014

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Fonterra shareholders have elected incumbent Ian Brown as their chairman for the third term in a row.

Brown, who was unopposed, said he appreciated the support and looked forward to leading the council for the next year.

Duncan Coull will take up the role of deputy chair for the first time, and was also unopposed. He will take up the role on July 29 for a year-long term.

Coull was elected to the council in 2010 to represent Fonterra farmers in Otorohanga and serves as the chair of the council's representation committee.

Current deputy chair, Philip Palmer, is stepping down from the role after two terms.

The Fonterra Shareholders' Council represents the interests of Fonterra farmers to the board of the co-operative and plays an active role in monitoring and assessing its governance and performance.

There are 37 councillors who are all shareholders elected by their fellow farmers in wards across New Zealand. 

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- Waikato Times

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