Board named in Fonterra Shareholders’ Fund
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.