Farmers re-elect dissident ex-director Leonie Guiney to Fonterra board

Tue, 06 Nov 2018

By Rebecca Howard Nov. 6 (BusinessDesk) - Fonterra Cooperative Group shareholders have effectively delivered a rebuke to the sitting board by voting to elect outspoken former director Leonie Guiney to the board while failing to support two of three board nominations. Zespri chairman Peter McBride was also elected to the cooperative's governance team, but board-backed Maori commercial leader Jamie Tuuta and an incumbent director, Ashleigh Waugh, both failed to gain the 50 percent support required for election to the board, as did self-nomi...

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