Guiney back on board

FONTERRA shareholders have elected outgoing Zespri chairman Peter McBride and Fairlie dairy farmer Leonie Guiney to the board, the latter having been on the board from 201417.

Incumbent director Ashley Waugh, Jamie Tuuta and John Nicholls were unsuccessful.

One director position remained unfilled, as no other candidates gained more than the 50% of votes required, prompting a second election soon.

Mike Montgomerie was elected to the Waipa ward and Sue Brown to the TasmanMarlborough ward In the shareholders’ council elections, while in eight other wards the nominees were elected unopposed.

Shareholders David Gasquoine and Stephen Silcock were elected unopposed to the directors’ remuneration committee.