Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Fonterra Shareholders' Councillors-Elect

Joint Returning Officers Kerry Heath and Pam Hikuroa today announced the names of those candidates who will be declared elected to the Shareholders' Council.

Elections for the Shareholders' Council were being held in 10 wards, but in eight of the wards there were the same number of nominees as vacancies. In those wards, Fonterra's Chairman John Roadley will declare the nominees elected as councillors as soon as some formalities have been completed.

The councillors-elect are:

Ward 4 - South Auckland Neil Bateup Lachie Cameron

Ward 7 - Otorohanga Robyn Clements Gordon McIvor

Ward 10 - South Waikato Christina Baldwin George Moss

Ward 13 - Hauraki Conall Buchanan John Bubb

Ward 16 - Central Taranaki Tom Mason Stephen O'Neill

Ward 19 - Wairarapa John Monaghan

Ward 22 - Canterbury North David Irvine David Turner

Ward 25 - South Central / Western Southland Lloyd McCallum The election of a second councillor is pending the results of the Board of Directors' election. The other nominee in ward 25, Philip van der Bijl, is also contesting the Directors' election, and a shareholder can only hold one elected office.

John Bubb, Robyn Clements and David Turner are new councillors. The others are sitting councillors who sought re-election when their wards were selected by lot to hold an election. Under the Council by-laws a third of councillors must retire every year.

In ward 12 - Te Aroha - a casual vacancy occurred due to the resignation of one of the sitting councillors, and no nominations were received. There will be a casual vacancy in that ward and the Shareholders' Council will meet shortly to decide how the vacancy will be filled.

There will be one ward election for Fonterra's Shareholders' Council, in ward 1 - Northern Northland. There are two candidates for the one seat in the ward: Ken Rintoul and Kevin Baxter. Shareholders in Northern Northland will receive two votes (ballot papers) per farm for the Shareholders' Council election.

The Single Transferable Vote (STV) voting system will be used for the elections. Council voting packs with ballot papers will be sent to Ward 1 shareholders on 30 April. Voting will run from 30 April to 17 May and results will be finalised and the appointment made by 31 May.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Half A Billion Accounts: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>



Meat Trade: Silver Fern Farms Gets Green Light For Shanghai Maling Deal

The government has given the green light for China's Shanghai Maling Aquarius to acquire half of Silver Fern Farms, New Zealand's biggest meat company, with ministers satisfied it will deliver "substantial and identifiable benefit". More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news