close
MENU
1 mins to read

Sir Henry retains seat on Fonterra board

Three incumbent directors retired by rotation from the Fonterra board have been re-elected by farmers.Board chairman Sir Henry van der Heyden, former farmer politician Malcolm Bailey and former banker Ian Farrelly are back on the board, said returning off

NZPA
Tue, 16 Nov 2010

Three incumbent directors retired by rotation from the Fonterra board have been re-elected by farmers.

Board chairman Sir Henry van der Heyden, former farmer politician Malcolm Bailey and former banker Ian Farrelly are back on the board, said returning officer Warwick Lampp, of electionz.com.

Fonterra rotates its nine farmers' directors, with a different three retiring each year. They are allowed to stand again for re-election.

The three beat off two challengers, including Waikato dairy farmer Russ Rimmington, 64, a former Hamilton mayor and advertising agency owner, who said during his campaign that existing directors lacked experience in brand marketing.

Mr Rimmington, 64, also failed in a bid for election last year, while the other unsuccessful challenger, Southland farmer Maurice Hardie, 49, previously stood in 2003 without winning.

Mr Rimmington had called for Fonterra to stop farmers from inducing calf births -- usually causing the death of the calf -- to maximise milk production.

Gerard Wolvers retired by rotation from the directors' remuneration committee, regained his seat with shareholder Scott Montgomery, but another sitting member, Ron Ferriman, was dumped by voters.

Successful candidates for the Shareholders' Council were: Kevin Turnbull (Northern Taranaki), David Werder (Southern Taranaki), and Angela Ward (Northern Canterbury).

In the 10 other shareholders' council wards where elections were due, nominees elected unopposed were: Murray Douglas (Northern Wairoa), Stephen Silcock (Morrinsville), Ian Brown (South Waikato), Nick Barrett (Coastal Taranaki), Owen Greig (Southern Manawatu), Grant Scott (Otago), Bill Donaldson (Hauraki), Kevin Monks (Cambridge), Duncan Coull (Otorohanga), Phil Butler (Taupo).

Mr Donaldson, Mr Monks, Mr Coull and Mr Butler are new councillors, and the others were incumbents elected unopposed. Mr Brown, a Tokoroa farmer, was earlier this year appointed deputy to the council chairman, banker-turned-farmer, Simon Crouper, after the surprise announcement that former chairman Blue Read and his deputy Campbell Shearer had stepped down.

NZPA
Tue, 16 Nov 2010
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Sir Henry retains seat on Fonterra board
10396
false