Fonterra Shareholders' Council review calls for major reset

Fonterra Shareholders' Council review calls for major reset
Rebecca Howard
An independent review of the Fonterra Shareholders' Council recommends a significant reset to shake up its role, functions and operating framework.The review was initiated in late 2019 after “significant shareholder concern” about the effectiveness and value of the council following a period of disappointing financial results from Fonterra that weighed on shareholder value.The 27 recommendations aim at improving the council's connection with cooperative members, developing an understanding of members’ interests, active...

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