Board size and pay rises centrestage at Fonterra AGM

Board size and pay rises centrestage at Fonterra AGM
Fonterra's shareholders have a lot to chew over at this week's annual meeting. (Image: Getty)
Riley Kennedy
Fonterra chair Peter McBride and his offsider Miles Hurrell will attempt to tame the bucking dairy giant's farmers as it holds its annual meeting in the small mid-Canterbury town of Methven this week.They bring a packed agenda to the heart of dairy farming country, with board and shareholder resolutions as well as the expected announcement of Fonterra's Scope 3 carbon emissions target. The meeting comes amid a backdrop of increased pressure on farms, with a low milk price, high costs and questions about the abrupt departure of its...

More Finance

Fast-food chain float could give Fonterra a steer
Finance

Brian Robins: Fast-food chain float could give Fonterra a steer

After a dearth of IPOs, all eyes are on Guzman y Gomez. 

Whineray appointed new Jarden chair
Finance

Whineray appointed new Jarden chair

Fraser Whineray quit as Fonterra's chief operating officer in July 2023.

Murray Jones 19 Jun 2024
Bluebird improves profits after investment in Wiri site
Finance

Bluebird improves profits after investment in Wiri site

Bluebird Foods NZ has posted a profit of $13.2m for the year ended December 2023.

Staff reporters 18 Jun 2024
The danger of seeking out a returns Booster
Finance

Paul McBeth: The danger of seeking out a returns Booster

The FMA needs to move swiftly in its bid to be a related party pooper.

Paul McBeth 18 Jun 2024