NEW ZEALAND: Fonterra shareholders’ chairman elected

By: just-food.com | 9 February 2007

Blue Read has been elected the chairman of Fonterra's shareholders' council, replacing the retiring John Monaghan. He will assume the role on 22 March.

Read has been a member of the council since 2001, serving as deputy chair for four years.
 
Read said: "I'm looking forward to working together with the committed council team to represent shareholders' interests during what will be an unprecedented year for our co-operative.
 
"While the capital structure review is the most visible item on the co-operative's agenda, performance monitoring, shareholder representation and governance development remain equal priorities for the council."

Companies: Fonterra

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NEW ZEALAND: Fonterra shareholders’ chairman elected

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