Matamata Chronicle

Informed decision urged

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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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