Primary Sector

Fonterra Shareholders' Council review calls for major reset

Rebecca Howard
Fri, 16 Oct 2020

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...

Try free for 10 days

Trustworthy, balanced journalism every day from our growing team of New Zealand business reporters and commentators, plus more in our weekend magazine section, The Life.

Instant News Alerts based on keywords you choose or journalists you follow
Our Daily Digest of all stories at 6am, midday or 6pm
A custom library of your saved stories
An industry-leading search engine
Try for 10 days without paying and if you’re not convinced cancel with just two clicks.

Support quality New Zealand journalism by subscribing today.

Find out more

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets MARKET CLOSE

F&P Healthcare knocked by strong kiwi; covid saps stock market

Paul McBeth | Tue, 27 Oct 2020

Covid and election uncertainty weighed on markets across Asia, while the kiwi at a month high weighed down exporters.

Finance

Improved electricity futures pricing may come next year

Gavin Evans | Tue, 27 Oct 2020

Banks, trading houses may join market makers next year.

Markets Market open

Dire Wall St to weigh on local market

Rebecca Howard | Tue, 27 Oct 2020

Exporters like Fisher & Paykel Healthcare and A2 Milk and companies with US exposure such as Pushpay Holdings will be in for a rocky start as global investors turn defensive on rising covid-19 cases and fading US stimulus hopes. “It has been ‘risk off’ start to the week with inve...

Partner Content

Could the hunt for yield lead to alternative assets?

The coming period could be a fruitful time to consider investing in alternative assets.

Fonterra Shareholders' Council review calls for major reset

Not convinced yet?

Your company has a subscription

Team