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


Duncan Coull Re-Elected as Council Chairman

26 July 2017

Duncan Coull Re-Elected as Council Chairman, Ivan Lines New Deputy Chair

Fonterra Shareholders’ Council Chairman, Duncan Coull has been re-elected unopposed to the Chairman’s position for a third term and will be joined by first time Deputy Chair Ivan Lines.

Duncan Coull: “I’m excited and energised about the year ahead and I look forward to leading Council as we consolidate the hard work that has been undertaken over the past 12 months.

“I’m very mindful of the responsibility this role carries and I will continue to put the interests of our Shareholders at the forefront of all actions Council undertakes throughout the year.”

Mr Coull is joined by first time Deputy Chair, Ivan Lines who was first elected to the Council in 2013 to represent Fonterra Farmers in Northern Southland.

Mr Lines: “I thank my fellow Councillors for putting their faith in me and I look forward to supporting our Chairman in this important leadership role.”

Mr Lines will replace Greg Kirkwood who stepped down from the Deputy Chair’s role after two terms.

Mr Coull praised the contribution Mr Kirkwood made during his tenure and backed Mr Lines to step seamlessly into the position.

“Greg’s support has been invaluable to me especially during the recent Governance and Representation review and I thank him for his hard work, dedication and assistance.

“I now look forward to working with Ivan and am confident he will do a great job for the Council as we continue to work to meet the high expectations our Shareholders rightfully have of us.”


© Scoop Media

Business Headlines | Sci-Tech Headlines


By May 2018: Wider, Earlier Microbead Ban

The sale and manufacture of wash-off products containing plastic microbeads will be banned in New Zealand earlier than previously expected, Associate Environment Minister Scott Simpson announced today. More>>


Snail-ier Mail: NZ Post To Ditch FastPost

New Zealand Post customers will see a change to how they can send priority mail from 1 January 2018. The FastPost service will no longer be available from this date. More>>


Property Institute: English Backs Of Debt To Income Plan

Property Institute of New Zealand Chief Executive Ashley Church is applauding today’s decision, by Prime Minister Bill English, to take Debt-to-income ratios off the table as a tool available to the Reserve Bank. More>>


Divesting: NZ Super Fund Shifts Passive Equities To Low-Carbon

The NZ$35 billion NZ Super Fund’s NZ$14 billion global passive equity portfolio, 40% of the overall Fund, is now low-carbon, the Guardians of New Zealand Superannuation announced today. More>>


Split Decision - Appeal Planned: EPA Allows Taranaki Bight Seabed Mine

The Decision-making Committee, appointed by the Board of the Environmental Protection Authority to decide a marine consent application by Trans-Tasman Resources Ltd, has granted consent, subject to conditions, for the company to mine iron sands off the South Taranaki Bight. More>>