Fonterra farmer directors Malcolm Bailey, Ian Farrelly retire

Fonterra farmer directors Malcolm Bailey, Ian Farrelly retire
Sophie Boot
By Sophie Boot Oct. 21 (BusinessDesk) - Two longtime Fonterra Cooperative Group farmer directors Malcolm Bailey and Ian Farrelly will retire from the board in December, the cooperative says. Bailey was elected to the board in 2004, having previously been the president of Federated Farmers. He was chair of the board’s risk committee until May this year, and is a member of the cooperative relations committee, as well as leading the initial work on the cooperative's recent governance and representation review, Fonterra said. Farrelly join...