Shareholders seek to cull Fonterra directors
Cumbersome 13-strong board should be cut to nine, say former directors.
Two former Fonterra [NZX: FCG] directors have kicked off a campaign to cut the size of the giant dairy co-op’s board from 13 to nine, arguing the change will streamline decision-making.
Dairy farmers Colin Armer and Greg Gent have put a resolution to Fonterra’s annual meeting on November 25
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Tim Hunter
Tue, 13 Oct 2015
Tue, 13 Oct 2015
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Shareholders seek to cull Fonterra directors
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