Fonterra director Ian Farrelly replaces Ralph Norris on shareholders' fund board

Fonterra director Ian Farrelly replaces Ralph Norris on shareholders' fund board
Paul McBeth
By Paul McBeth Sept. 23 (BusinessDesk) - Fonterra Cooperative Group director Ian Farrelly will replace Ralph Norris as one of the dairy exporter's representatives on the board of the Fonterra Shareholders' Fund manager. Farrelly will join the board of the fund's manager at the close of its annual meeting on Nov.27 when Norris retires, Fonterra said in a statement. Farrelly has been on the board of Fonterra since 2007, having clocked up a 20-year career in banking including 15 years as head of ASB Bank's rural division. He operates a 400-h...