Farmer-director McBride Fonterra's new chairman

Farmer-director McBride Fonterra's new chairman
Rebecca Howard
Farmer-director Peter McBride has been selected as Fonterra Cooperative Group’s next chairman. Former Zespri chairman McBride will replace John Monaghan when he retires the chair at the November annual meeting. Under Fonterra’s constitution, its chairman is selected by the board from within its pool of seven directors. The early announcement of McBride as chairman-elect is part of the board’s commitment to planned governance succession, said Monaghan. “Making this decision now also gives our farmer-owners transparency of leadership...

More Primary Sector

Pāmu narrows profit forecast, expects record year
Primary Sector

Pāmu narrows profit forecast, expects record year

Its record year was foreshadowed last month. 

Riley Kennedy 24 Jul 2025
Beefed-up tariffs on Brazil no threat to NZ’s pricing
Primary Sector

Beefed-up tariffs on Brazil no threat to NZ’s pricing

NZ is a high-value premium producer of beef, as opposed to Brazil.

Riley Kennedy 24 Jul 2025
Northland targets $60b regional economy by 2050
Primary Sector

Northland targets $60b regional economy by 2050

The bullish goal represents a six-fold increase over 2024 figures.

Oliver Lewis 24 Jul 2025
Global meat demand surges, but NZ’s supply is lagging
Primary Sector

Global meat demand surges, but NZ’s supply is lagging

It could be costing NZ hundreds of millions of dollars in lost export revenue.

Riley Kennedy 23 Jul 2025