BNZ chairman Waller to head up Fonterra milk price panel

John Waller, Bank of New Zealand chairman and a former partner at PricewaterhouseCoopers, will head up Fonterra Cooperative Group's new panel to oversee the dairy exporter's milk prices.

The cooperative set up the Milk Price Panel to audit the milk price and give Fonterra’s board assurances on its determinations. This is in preparation for share-trading among farmers.

Waller, an independent Fonterra director, is joined by fellow independent board member David Jackson, while farmer-elected John Wilson rounds out the dairy exporter's representation. Richard Punter and Paddy Boyle have been nominated by the Fonterra Shareholders' Council.

Punter is currently chairman of FloTech Group and WhisperTech, and sits on the boards of Postie Plus Group and the Motor Trade Association. Boyle is currently chairman of Electronic Navigation and Nextspace , and a director of Click Clack and Jenkins Group.

BusinessDesk.co.nz

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

Synlait forecasts strong milk price for 2025/26
SkyCity to file NZICC Legal Proceedings against Fletchers
June 6th Morning Report
Metro's view of Viridian's Com Com application
Infratil Infrastructure Bond Exchange Offer opens
June 5th Morning Report
PORT OF KARUMBA - A POTENTENTIAL PHOSPHATE EXPORT PORT
NZME - Appointment of new Chair
Infratil Limited Annual Meeting and Director Nominations
Rua and Cann reach positive resolution in legal proceedings