FCG fonterra co-operative group limited (ns)

Ann: OFFICE: FCG: FONTERRA ANNOUNCES NEW CHAIRMAN

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    • Release Date: 26/07/12 11:33
    • Summary: OFFICE: FCG: FONTERRA ANNOUNCES NEW CHAIRMAN ELECT
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    FCG
    26/07/2012 09:33
    OFFICE
    
    REL: 0933 HRS Fonterra Co-operative Group Limited
    
    OFFICE: FCG: FONTERRA ANNOUNCES NEW CHAIRMAN ELECT
    
    Fonterra Chairman Sir Henry van der Heyden today announced that John Wilson
    has been elected by the Board as the Chairman Elect.
    
    Mr Wilson will take up the role of Chairman when Sir Henry stands down as
    Chairman at the Co-operative's Annual Meeting in December.
    
    In congratulating John, Sir Henry says: "John brings lengthy experience in
    the dairy industry and has been on the Board since 2003."
    
    Mr Wilson is a previous Chairman of the Co-operative's Shareholders' Council.
    John lives on his family dairy farm near Te Awamutu and also manages a dairy
    farming business in South Canterbury. He is the Chairman of South Auckland
    Independent Testing Society Ltd and a director of Turner & Growers Ltd.
    
    "Over the past two years the Board has been working through a considered and
    disciplined process to appoint a Chairman Elect and ensure the succession
    plan we have is in the best interest of the Co-operative," says Sir Henry.
    
    "John and I will work together over the next few months to assist with a
    smooth transition to provide continuity for the Co-operative."
    
    Sir Henry also congratulated Ian Brown on his election as Chairman of the
    Shareholders' Council and Philip Palmer as the Deputy Chair of Council
    following a vote by Councillors yesterday.
    
    -ENDS-
    End CA:00225321 For:FCG    Type:OFFICE     Time:2012-07-26 09:33:25
    				
 
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