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

 

Candidates for Fonterra Elections announced

There are five candidates standing for two places on the Fonterra Board in 2019.

Andy Macfarlane, Donna Smit, Cathy Quinn and Philipp Haas were announced on 17 September as the Independently Assessed candidates.

Incumbent Directors Andy Macfarlane and Donna Smit are seeking re-election and chose to participate in the Independent Assessment Process. As re-standing Directors they automatically go through to the ballot.

Philipp Haas and Cathy Quinn were recommended by the Independent Selection Panel after their assessment process.

The Non-Assessed Process, where farmers can stand as a candidate for the Board with the written support of 35 different shareholders, closed on Friday, 27 September. Victor Rutherford is standing as a Non-Assessed candidate.

Directors’ Remuneration Committee Election

The Returning Officer, Warwick Lampp, confirmed there will not be an election for the Directors’ Remuneration Committee, as shareholders Scott Montgomerie and Ellen Bartlett stood unopposed.

Fonterra Farmer Custodian Trust Election

An election for the Fonterra Farmer Custodian Trust is also not required, as shareholder Ian Brown stood unopposed.

Shareholders’ Council Elections

An election is required in two Wards, as follows:

WardCandidates
11 - Eastern Bay of PlentyWilson James (incumbent)

Gerard van Beek

14 - Coastal TaranakiVaughn Brophy (incumbent)

Mike Swift

No election is required in seven Wards, where only one nomination was received in each. The formal declaration of these candidates as Shareholders’ Councillors will be made on 5 November, and they will take office immediately after Fonterra’s Annual Meeting on 7 November 2019.

The Councillors-elect are:

Ward 2 - Central NorthlandDean Adams
Ward 5 - HaurakiRyan Burton
Ward 8 - South WaikatoJames Barron (incumbent)
Ward 9 - King CountryPaulette Johns
Ward 15 - Southern TaranakiDale Cook
Ward 17 - Hawke’s BayAndrew Hardie (incumbent)
Ward 20 - North CanterburyGeoff Spark

No nominations were received in Ward 23 Otago. The Shareholders’ Council will reopen nominations tomorrow, 1 October, for one week. If no nominations are received by 12 noon on Tuesday 8 October, that Councillor position will become vacant from the 2019 Annual Meeting.

Voting Period, Voting Methods and Notification of Election Results

Voting Packs, containing candidate profiles, will be mailed to eligible shareholders on Tuesday, 15 October 2019. Shareholders can vote by internet or post. Voting closes at 10.30am on Tuesday, 5 November 2019 with the results being announced later that day.


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Data Investment: Govt Backs Te Reo, Environmental Data Research

The Government is investing in ambitious research that will digitise Te Reo, grow the low-carbon protein efficient aquaculture industry, help interpret environmental trends, and large data sets says Research, Science and Innovation Minister Megan ... More>>

ALSO:

Marine And Freshwater Reports: EDS Calls For Urgent Action On Marine Management

“There are some big issues to address. These include many marine species and habitats that are in serious trouble. Of the sample investigated, the report finds that 22% of marine mammals, 90% of seabirds and 80% of shorebirds are threatened with or actually at risk of extinction..." More>>

ALSO:

$7.5 Billion Surplus: Government Accounts "Show Strong Economy"

“The surplus and low levels of debt show the economy is in good shape. This allows the Government to spend more on infrastructure and make record investments in health and education,” Grant Robertson says. More>>

ALSO:

New OIO Application Trumps Judicial Review: OceanaGold Cleared To Buy Land For Waihi Tailings Expansion

In a surprise turnaround, the government has given OceanaGold a greenlight to buy land to expand its Waihi mine after the application was previously turned down by Land Information Minister Eugenie Sage. More>>

ALSO: