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


Nominations Have Closed for the 2016 Fonterra Elections

Tuesday, 25 October 2016

Nominations Have Closed for the 2016 Fonterra Elections

Nominations for the Fonterra Board of Directors’ Independent Nomination Process candidates and the Shareholders’ Council, Directors’ Remuneration Committee, and Fonterra Farmer Custodian Trustee elections closed at 12 noon today.

The candidates successfully nominated following the Independent Nomination Process will be announced onFriday 4 November, 2016. The full list of candidates, including Self-Nominated candidates for the Fonterra Board of Directors’ Election will be announced by Wednesday, 16 November 2016.

The nomination period for the Self-Nomination process, where farmers can put themselves forward as a candidate for the Board outside the Independent Nomination Process, runs from Friday, 4 to Thursday, 10 November 2016.

The Returning Officer, Warwick Lampp, confirmed there will not be an election for the Directors’ Remuneration Committee, as Shareholders Scott Montgomerie and Gerard Wolvers were elected unopposed. Paul Todd has also been elected unopposed as the Fonterra Farmer Custodian Trustee.

Nominations were also called for candidates for the Shareholders’ Council elections in 13 wards. An election is required in five wards, as follows:

Ward -- Candidate

8 – Matamata
Terry Assen
James Barron

9 – Western Bay of Plenty
Don Hammond
Ian Jeffrey
Rowan Thomas

15 – Taupo
Vanessa Donald
Kylie Leonard

21 – Southern Taranaki
Dale Cook
Ben Dickie
Simon Washer

24 – Southern Manawatu
Hamish Easton
Robert Ervine

There was one nomination received in each of the other seven wards, so no election is required. The formal declaration of these candidates as Shareholders’ Councillors will be made in conjunction with the results of the elections at the Annual Meeting.

The Councillors-elect are:

Ward 2 Central Northland Susan Rhynd

Ward 6 Hamilton Ross Wallis

Ward 12 South Waikato Steve Hines

Ward 18 Coastal Taranaki Vaughn Brophy

Ward 27 North Canterbury Shaun Lissington

Ward 28 Rakaia Jessie Chan-Dorman

Ward 33 Northern Southland Ivan Lines

Four of the seven Councillors-elect are incumbents who have been elected unopposed.

New Councillors-elect are Susan Rhynd in Central Northland, Steve Hines in South Waikato, and Jessie Chan-Dorman in Rakaia.

There were no nominations received in Ward 30 South Canterbury. The Shareholders’ Council will work with Shareholders in that Ward to have a Councillor in place for the coming year by the 2016 Fonterra Annual Meeting.

All successful candidates take office at the close of the 2016 Fonterra Annual Meeting of Shareholders which is scheduled to be held on Thursday, 8 December.

Voting Packs, containing candidate profiles, will be mailed to eligible Shareholders on Monday, 21 November 2016. Shareholders can vote by internet, fax or post.

The voting period is from Monday, 21 November until 10.30am on Tuesday, 6 December 2016 with the results being announced later that day.

© Scoop Media

Business Headlines | Sci-Tech Headlines


Tourism: Employers Welcome Back Working Holidaymakers

Tourism businesses gearing up for the return of Australian visitors from next week will be relieved to learn that they will also have access to an offshore pool of much-needed job candidates, Tourism Industry Aotearoa says. Tourism employers around ... More>>

Commerce Commission: Latest Broadband Report Confirms Improved Performance Of Premium Fibre Plans

The latest report from the Commerce Commission’s Measuring Broadband New Zealand programme shows that the performance of Fibre Max plans has improved substantially. This follows a collaboration between the Commission, its independent testing partner, ... More>>

Air New Zealand: Capital Raise Deferred

Air New Zealand has decided to defer its planned capital raise to later in 2021 allowing more time to assess the impacts of recent developments on the airline’s path to recovery. 'We’ve seen some clearing of COVID-19 clouds recently, with ... More>>

Commerce Commission: Cartel Conduct Now Punishable By Up To 7 Years’ Jail Time

Cartel conduct can now be punished with a term of imprisonment of up to 7 years, after the Commerce (Criminalisation of Cartels) Amendment Act 2019 came into effect today. Cartel conduct includes price fixing, market allocation and bid rigging (see ... More>>

Stats NZ: New Report Shows Impact Of Demands On Land In New Zealand

A new environmental report released today by the Ministry for the Environment and Stats NZ, presents new data on New Zealand’s land cover, soil quality, and land fragmentation. The land cover data in the report, Our land 2021 , provides the most ... More>>


Stats NZ: March Card Spending Rebounds Despite COVID

There was a lift in retail card spending in March following a fall in the lockdown-disrupted February month, Stats NZ said today. Seasonally adjusted retail card spending rose by $53 million (0.9 percent), compared with February 2021. Visit our website to read ... More>>

PwC: Outcome Of Review Into Air New Zealand Gas Turbines Business

Air New Zealand has received the report into its Gas Turbines business from independent external advisers PwC. Air New Zealand Chairman Dame Therese Walsh says the report identified a range of effective controls in the Gas Turbines revenue contracting ... More>>