Fonterra's farmers to vote on four directors after process to address 'skills matrix'

By Jonathan Underhill
Oct. 12 (BusinessDesk) - Fonterra Cooperative Group shareholders will vote on four new directors - one-third of the board - after the dairy company's exhaustive new selection process that rates candidates against a 'skills matrix'.
Shareholders will be asked to ratify the appointment of Bruce Hassall as an independent director at the company's annual meeting in Hawera on Nov. 2. He replaces David Jackson, one of the four independents on the 13-member board (one seat is vacant), who retires at the AGM.
Voting has a...
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