2 March 2023
Fonterra appoints Director to Milk Price Panel
Fonterra Co-operative Group Limited has today announced that it has appointed one of its directors, Ms Leonie Guiney, to the Milk Price Panel (Panel). Ms Guiney replaces Mr Brent Goldsack on the Panel.
The Fonterra Board has determined that Ms Guiney will not be an independent member of the Panel, as defined in the Fonterra Shareholders' Market Rules. The Panel must comprise a majority of independent members, and will continue to do so following Ms Guiney’s appointment taking effect.
ENDS
For further information contact:
Fonterra Communications
24-hour media line
Phone: +64 21 507 072
The S&P/NZX 50 Index rose 97.07 points, or 0.8%, to 12,447.68.
Fletcher Building subsidiary Iplex Australia to cover 80% of repair costs.
The bus operator's net loss widened from $8m to $17m in the year to March 31.
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details