[27 November/NZ Herald]

Fonterra Co-operative Group has announced that a second election for an unfilled director seat on the co-op’s board will be held over the next month. The two candidates will be self-nominated farmer-supported candidate, John Nicholls, and board nominee, Jamie Tuuta, both of whom did not receive sufficient support from shareholders to be elected in the first election. The decision to limit the new contest to Mr Nicholls and Mr Tuuta instead of opening it to all newcomers reflects that the Shareholder Council recognises that farmer-shareholders who backed Mr Nicholls’ self-nomination should continue to have their voice acknowledged. Fonterra Shareholders’ Council chairman, Duncan Coull, said that new candidates will have the opportunity to put themselves forward in 2019 as part of the 2019 director election cycle, but no third election would be held if neither candidate achieves more than 50 per cent support. The board could make a temporary appointment until next year’s annual meeting if the vacant seat was not filled. Voting will open on December 3 and will close on December 20 and will see the result announced later that day.