Fonterra director Michael Spaans steps down due to ill health; Ian Farrelly returns

Mon, 30 Jan 2017

By Tina Morrison Jan. 31 (BusinessDesk) - Fonterra Cooperative Group, New Zealand's dominant dairy processor, said director Michael Spaans has stepped down from the board due to ill health, and has been replaced by Ian Farrelly, who retired from the role last month. The changes take effect today, Auckland-based Fonterra said in a statement. Fonterra chairman John Wilson said Spaans’ tireless contribution to the New Zealand dairy industry has been significant both inside and outside the Fonterra boardroom. The company didn't detail Spa...

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