Fonterra Co-operative Council chair James Barron is stepping down after three years in the role.
Barron, who represents South Waikato on the council, retires by rotation this year and isn’t seeking re-election.
He will hand over to a new chairman, to be elected by the 25 councillors, at Fonterra’s annual meeting in early November. A new councillor for South Waikato will also be elected at the annual meeting.
Barron told Rural News that he was confident now was a good time to step down and hand over the reins to someone else.
“I’m confident now is a good time for succession to happen,” he says.
“There has been a lot going on in the co-op over the last few years. Now we are in a period of relative stability and that allows me to step back and focus on other areas.”
Following a 10-month trial on its Te Rapa Smart Farm, Fonterra has given a big tick to a new organic, low-cost, safe, sustainable and long-life battery that could deliver greater energy security and distributed electricity generation for New Zealand.
Fonterra’s outgoing chief financial officer Marc Rivers believes the co-operative is starting a new and exciting chapter.
OPINION: The Hound would have thought – with the end of all the Covid regulations earlier this month – it would see public entities no longer using the restrictions to limit media access.
The first batch of candidates for Fonterra’s board election has been announced.
Fonterra’s plan to return $1 billion to farmer shareholders and unit holders within two years remains on track.
Visit archives
OPINION: Your old mate sees that Dutch agricultural minister Henk Staghouwer has been forced to resign, following widespread protests from…
OPINION: This old mutt notes that rural ginger group Groundswell is turning the heat up on Beef+Lamb NZ and DairyNZ…
RSS FacebookTwitter
Copyright © 2022 RuralNewsGroup. All Rights Reserved.