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


John Waller Appointed To Fonterra Board

Media Release
29 October 2008

John Waller Appointed To Fonterra Board

Fonterra has announced the proposed appointment of John Waller to its board of directors. Mr Waller is Chairman designate of the Bank of New Zealand and has been a partner of PricewaterhouseCoopers for over 20 years.

In making the announcement Fonterra chairman, Henry van der Heyden, said Mr Waller will Chair Fonterra’s Fair Value Share Review Committee, succeeding Roger France who is stepping down after six years on the Fonterra Board.

“John’s extensive commercial advisory experience at both PricewaterhouseCoopers and as an independent financial advisor and observer to some of New Zealand’s largest companies including Alliance Group Ltd equips him very well to serve as Fonterra’s new independent director,” said Mr van der Heyden.

“John has been a member of the New Zealand Takeovers Panel since December 2006, is Chairman of the Eden Park Redevelopment Board for the Rugby World Cup 2011 and has been a director of the BNZ since February 2008 and has recently been appointed chairman designate.”

He will join Fonterra’s board early next year and his appointment is to be ratified by shareholders at the company’s annual meeting on November 26.

Mr van der Heyden said he also wished to publicly acknowledge the excellent service to Fonterra by retiring director Roger France.

“During his six years, Roger has showed an unconditional commitment as a Director, as Chairman of the Fair Value Share Review Committee and as a Member of the Audit Finance and Risk Committee.

“He has played an important role in our governance and has given Fonterra more than we could have asked for.

“His ability to cut to the essence of an issue and his intellectual precision has been both admired and appreciated by the Board and by myself,” Mr van der Heyden said.

- ENDS -

© Scoop Media

Business Headlines | Sci-Tech Headlines


FIRST Union: Do Shareholders Realise Marsden Point Conversion Could Cost More Than Half A Billion Dollars?

FIRST Union, the union representing workers at Refining NZ, are querying whether shareholders voting on Friday on whether to convert the Marsden Point refinery to an import-only terminal realise the conversion could cost $650-700 million dollars... More>>

Civil Contractors: Massive Rebound In Civil Construction Business Confidence

New Zealand’s civil construction industry is riding a massive rebound in post-pandemic business confidence – but this may be undermined by skills shortages, which continue to be the industry’s number one challenge... More>>

Energy: Feeling Our Way Towards Hydrogen - Tina Schirr

Right now hydrogen is getting a lot of attention. Many countries are focusing on producing hydrogen for fuel, or procuring it, or planning for its future use... More>>

ASB: New Support Finder Tool Helps Connect Customers With Thousands In Government Support

ASB research alongside benefit numbers from the Ministry of Social Development shows an increased number of Kiwis are struggling financially, and many may not be aware they’re eligible for government support... More>>

Housing: New Home Consents Continue To Break Records

A record 44,299 new homes were consented in the year ended June 2021, Stats NZ said today. “The annual number of new homes consented rose again in the June 2021 year, the fourth consecutive month of rises,” construction statistics manager Michael Heslop said... More>>

Real Estate: June Home Transfers Remain High
There were 44,517 home transfers in the June 2021 quarter, the highest June quarter figure since 2016, Stats NZ said today. The number of home transfers was very similar to the March 2021 quarter and was up 18,252 from the June 2020 quarter... More>>