Fonterra board battle escalates

Shareholders being fobbed off with promised review, say former directors.
 
Tim Hunter talks to Former Fonterra director Greg Gent on NBR Radio and on demand on MyNBR Radio.

Tim Hunter
Thu, 15 Oct 2015

The two sponsors of a plan to cull Fonterra’s [NZX: FCG] 13-strong board say they are disappointed and concerned by its response to their proposal.

Greg Gent and Colin Armer, both former Fonterra directors, propose cutting the board to nine in a resolution before shareholders at the annual meeting

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