No farmers-shareholders opt for non-assessment process ahead of election.
No Fonterra farmer-shareholders have chosen to go through the non-assessment process for this year’s Fonterra directors’ election.
This means there are two candidates standing for two places on the board in 2024 – incumbent directors Peter McBride and John Nicholls, who were recently announced as independently assessed candidates.
As this is an uncontested director election, candidates must gain more than 50% support of votes cast to remain on the board.
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