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

 


12 Candidates To Compete In Fonterra Elections

12 Candidates To Compete In Fonterra Board Of Director Elections

Twelve candidates will compete for the three vacant shareholder elected positions on the Fonterra Board of Directors.

Nominations closed at noon on Friday March 21, with candidate nominations then verified.

Returning officers Carolyn Mason and Mike Linnegar say the number to contest the director election is the most since the formation of Fonterra, with eight vying for the three vacant positions last year.

Each year three directors must retire by rotation. They can seek re-election.

The candidates are:

Colin Holmes, Murupara
· Harry Bayliss, Manaia
· * Stuart Nattrass, Christchurch
· * Richard Booth, Whangarei
· * John Wilson, Te Awamutu
· * Les Keeper, Queenstown
· * Hilary Webber, Cambridge
· * Graeme Edwards, Leigh
· * Kingi Smiler, Wellington
· * Marise James, Inglewood
· * Malcolm Bailey, Feilding
· * Maurice Hardie, Papamoa

Voting papers, including a video interview of each of the candidates, candidate profiles, information regarding the key skills and capabilities directors should possess and an explanation of the Single Transferable Voting (STV) system to be used, will be posted to shareholders on April 28. Voting closes at noon on May 23, with results being notified by May 26.

At the same time an election will be held in South Taranaki for two positions on Ward 17 of the Fonterra Shareholders' Council. Key roles of Council are to monitor Fonterra's performance and represent views of shareholders. There are three candidates standing for the two vacant positions.

They are:
David Pearce, Waitotara
· David Hopkins, Waitotara
· * Philip Nixon, Hawera

In the elections, the STV voting system will be used to elect candidates.

In seven other wards, there was the same number of nominees as vacancies for the Shareholders' Council. In those wards, Fonterra's chairman Henry van der Heyden will declare the nominees elected as Councillors once they have signed a confidentiality deed.

The councillors-elect are:

Ward # Ward name Candidate name 2 Central Northland Murray Douglas, Whangarei Mark Croucher, Whangarei 5 Hamilton Neil McLean, Taupiri Henk Wijers, Cambridge 8 Rotorua Allan Crafar, Reporoa Tony O'Boyle, Rotorua 11 Matamata David Gasquoine, Matamata Tony Sclater, Matamata 14 Northern Taranaki Blue Read, Urenui Nick Barrett, New Plymouth 23 Canterbury South Adri Verbakel, Oamaru John Saywell, Geraldine 20 Hawke's Bay Dean Nikora, Takapau

Two candidates were nominated to the Directors' Remuneration Committee, to fill two vacancies. Again, these nominees will be declared elected to the committee once the confidentiality deed is signed, but the members-elect are Rodney Wilson, of Stratford, and David Hurst, of Te Puke.

The committee's role is to make a recommendation to shareholders on the form and amount of remuneration paid to shareholder-elected Directors and Shareholder Councillors.

Further information on the election process, including profiles of the candidates, is available on the Fonterra supplier-only section of http://www.fencepost.com. A discussion group has also started on the website where suppliers can ask questions of the candidates.

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Onetai Station: Overseas Investment Office Puts Ceol & Muir On Notice

The Overseas Investment Office (OIO) has issued a formal warning to Ceol & Muir and its owners, Argentinian brothers Rafael and Federico Grozovsky, for failing to provide complete and accurate information when they applied to buy Onetai Station in 2013. More>>

ALSO:

Tomorrow, The UN: Feds President Takes Reins At World Farming Body

Federated Farmers president Dr William Rolleston has been appointed acting president of the World Farmers’ Organisation (WFO) at a meeting in Geneva overnight. More>>

ALSO:

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

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>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news