Dairy Holding's Colin Armer quits Fonterra board

Dairy Holding's Colin Armer quits Fonterra board
By Paul McBeth Aug. 1 (BusinessDesk) - Colin Armer, who with his wife Dale controls New Zealand's biggest dairy farm operation Dairy Holdings, has suddenly quit the board of Fonterra Cooperative Group just one week after a new chairman-elect was appointed. Armer resigned from the board effective immediately, and said he had nothing but praise for the dairy exporter's chief executive and management team. His resignation comes after John Wilson was designated chairman elect, replacing Henry van der Heyden. In the lead up to the election one of...