Fonterra board size in focus in first governance overhaul since inception

Tue, 12 Apr 2016

By Jonathan Underhill April 12 (BusinessDesk) - Fonterra's board and shareholders' council successfully opposed a remit to shrink its board at last year's annual meeting and the outcome of this week's first-ever governance overhaul may hold that line while proposing other changes to ensure the best spread of boardroom skills. New Zealand's biggest exporter is scheduled to release a set of proposals to refresh its governance structures - both at board and shareholders' council level - on Thursday, with the aim of putting any proposed chang...

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