In­formed de­ci­sion urged

Matamata Chronicle - - Out&about -

Lo­cal Fon­terra Share­hold­ers’ coun­cil­lor Grant Wills is urg­ing the re­gion’s farm­ers to par­tic­i­pate in the Fon­terra elec­tions and elect to their board the can­di­dates who have the re­quired skills to drive the Co-op for­ward.

Wills said Fon­terra needed world-class, ex­pe­ri­enced direc­tors if it was to con­tinue to suc­ceed in an in­creas­ingly com­pet­i­tive global mar­ket­place. ‘‘As share­hold­ers we have a re­spon­si­bil­ity to not only vote but do so in an in­formed way which ben­e­fits our Co-op. The best way to do this is to get an un­der­stand­ing of the at­tributes can­di­dates re­quire if they are to con­trib­ute mean­ing­fully at a Fon­terra board level.

‘‘There is some very good in­for­ma­tion in the vot­ing packs, which share­hold­ers have re­ceived, and on Farm Source in­clud­ing videos of the six can­di­dates an­swer­ing some gov­er­nance-re­lated ques­tions.’’

Wills said Fon­terra farm­ers were in­cred­i­bly pas­sion­ate about en­sur­ing 100 per cent sup­ply­ing share­holder own­er­ship and con­trol of their Co-op.

‘‘Vot­ing in the elec­tions is a crit­i­cal part of par­tic­i­pa­tion and I en­cour­age farm­ers to vote in an in­formed man­ner which will ben­e­fit Fon­terra and all its share­hold­ers.’’

Vot­ing in­for­ma­tion

Vot­ing for the direc­tors’ and the share­hold­ers’ coun­cil elec­tions closes at 10.30am on Mon­day, Novem­ber 23 with the re­sults an­nounced later that day. Share­hold­ers can vote on­line, by fax or post, us­ing the Sin­gle Trans­fer­able Vote sys­tem.

Three seats on the Fon­terra board will be con­tested by six can­di­dates: Mur­ray Beach, Greg Maughan, Blue Read, Ni­cola Shad­bolt, Ash­ley Waugh, and John Wil­son.

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