Board named in Fon­terra Share­hold­ers’ Fund

South Waikato News - - RURAL DELIVERY -

Fon­terra Co-op­er­a­tive Group has ap­pointed the es­tab­lish­ment board of FSF Fund Man­age­ment Com­pany, the man­ager of the Fon­terra Share­hold­ers’ Fund.

The five di­rec­tors are in­de­pen­dent di­rec­tor chair John Shewan, in­de­pen­dent di­rec­tor Pip Dun­phy, in­de­pen­dent di­rec­tor Kim El­lis, and Fon­terra ap­pointed di­rec­tors Sir Ralph Nor­ris and Jim van der Poel.

Fon­terra chair­man Sir Henry van der Hey­den said the gov­er­nance of the fund at the time of its launch is likely to be closely scru­ti­nised by farmer share­hold­ers and po­ten­tial in­vestors.

‘‘The ap­point­ment of these well-known mem­bers of New Zealand’s busi­ness and dairy sec­tors is an­other im­por­tant Trad­ing Among Farm­ers mile­stone,’’ he said.

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