BREAKING NEWS
Air Force Hercules lands safely at Whenuapai ... Read more
Close

Wilson re-elected as Fonterra chairman

ANDREA FOX
Last updated 09:19 17/12/2012

Relevant offers

National Farm

New Zealand sheep milk gelato makes it to finals of global dairy awards Companies Office rejects NZ First complaint over Silver Fern Farms Government sets up group to advance primary sector interests following Brexit Sharemilkers find it harder to buy their own farms Rotokare halo project enhances a Taranaki treasure and its surrounds Baler at Kaponga may encourage recycling Attrill is Farmax consultant of the year finalist Soil temperature above average at Taranaki Agricultural Research Station Working dogs will go through their paces at Taranaki indoor champs Farm consultant Alicia Riley returns to work in Taranaki

Fonterra chairman-elect John Wilson has been re-elected to the top table of New Zealand's biggest company, where he will be joined by former farmer watchdog council chairman Blue Read.

Incumbent director Nicola Shadbolt was also re-elected in the dairy giant's 2012 elections.

All three are farmer-elected directors. Eleven candidates, including the successful directors, contested three director vacancies on the board this year. Read, 57, headed the Fonterra Shareholders Council from 2007 to 2010, and helped shepherd in the first proposals for Trading Among Farmers, the controversial capital restructure which last month resulted in units in farmer-held Fonterra shares being listed on the NZX and ASX.

He farms near Urenui in northern Taranaki and had been a shareholders councillor since 2003.

Read is the chairman of the New Zealand Cooperative Business Association and is a former chairman of the Taranaki dairy section of Federated Farmers and chairman of the New Zealand Sharemilkers Association.

Shareholders Rodney Wilson and David Gasquoine were elected unopposed as members of the directors' remuneration committee.

Ad Feedback

- BusinessDay.co.nz

Special offers

Featured Promotions

Sponsored Content