Our Board

Our Board and management team have developed systems that reflect Fonterra’s unique characteristics and requirements as a New Zealand-based co-operative.

"In 2001, the New Zealand dairy industry came together to form a national champion. Our Co-operative’s vision was to create a business with the scale to become a world leader in dairy ingredients and maximise dairying’s contribution to the New Zealand economy. That’s exactly what Fonterra is doing."

John Wilson joined the Fonterra Board in 2003 as a farmer-elected Director and became Chairman in 2012. He is Chairman of the People, Culture and Safety Committee and served as the inaugural Chairman of the Fonterra Shareholders’ Council. He is director of Turners & Growers Limited and is a chartered member of the Institute of Directors in New Zealand.

John lives on his dairy farm near Te Awamutu and jointly owns a dairy farming business based near Geraldine, South Canterbury. He is on the Executive Board of the New Zealand China Council.

Clinton Dines was elected to the Fonterra board in November 2015 as an Independent Director. Clinton spent 21 years as a senior executive at BHP Billiton China, including seven as President. Since retiring from BHP Billiton in 2009, Clinton has acted as a Non-Executive Director of a number of entities and currently serves as a Non-Executive Director of North Queensland Airports, Aurecon Group, Zanaga Iron Ore Company, KAZ Minerals plc and Griffith University.

Clinton also works as a Partner in the Strategic Corporate Advisory of Morton Bay Partners. He was the Executive Chairman of Caledonia Asia from 2010 to 2013. Clinton and his family live in Brisbane.

Ian Farrelly was appointed to the Board in January 2017 to fill a casual vacancy. Prior to this Ian was a member of the Fonterra Board from 2007 till 2016.

He had a 20-year career in the banking industry including 15 years as head of ASB’s Rural Division. Ian serves on the Board of the Manager of the Fonterra Shareholders’ Fund and is also a director of First Mortgage Managers Limited, Spectrum Dairies Limited, Fortuna Group Limited and Waikato Stud.

He owns and runs a 500-hectare 10,000 animal calf rearing farm in Te Awamutu and has ownership interests in dairy farms in Canterbury and the Waikato. 

Leonie Guiney was elected to the Fonterra Board in November 2014. Leonie has worked in the agriculture sector for 25 years in a number of positions including lecturer of Dairy Production at Lincoln University, consultant on the BNZ Growth Programme for farmers and has held roles with Golden Vale Dairy Co-operative in Ireland, LIC and FarmRight South Island.

Leonie was the 2014 winner of the low input NZ Dairy Business of the year and the 2006 Canterbury Sharemilker of the year. Leonie and her husband began farming in Canterbury in 2002 and she is now a director and shareholder of four Canterbury farms.

  

Simon Israel was appointed to the Board in 2013 as an Appointed Director. Simon currently chairs Singapore Telecommunications Limited and is a Director of CapitaLand, one of Asia’s largest real estate companies. He was an Executive Director of Temasek Holdings for six years and President from 2010 to 2011. Simon was a director of Fraser & Neave, Neptune Orient Lines, Asia Pacific Breweries, Griffin Foods and Frucor Beverage Group.

He had 10 years’ experience in the dairy industry with Danone as a Senior Vice President and member of the Group Executive Committee. He was conferred Knight in the Legion of Honour by the French Government in 2007.

David Jackson joined the Fonterra Board in September 2007 as an Appointed Director. David is Chairman of the Audit and Finance Committee and serves on the Milk Price Panel and the Risk Committee. David also serves on the boards of Nuplex Industries Limited and Mitre 10 (New Zealand) Limited.

David spent more than 30 years with accounting firm Ernst & Young in a variety of roles, and served as Chairman of the board of management for the firm in New Zealand from 1999 to 2002. David is a Fellow of the New Zealand Institute of Chartered Accountants.

David MacLeod was elected to the Fonterra Board in 2011 and is a member of the Audit and Finance Committee and the Co-operative Relations Committee.

David also serves on the boards of Port Taranaki Limited and A.J. Greaves Electrical Limited. He is Chairman of the Taranaki Regional Council. David lives near Hawera in South Taranaki and is a director of P.K.W. Farms GP Limited, one of Fonterra’s largest shareholders, and is a shareholder of Far South Farms Limited, which owns a dairy farm in Southland.

John Monaghan was elected to the Fonterra Board in 2008 and is Chairman of the Co-operative Relations Committee and serves on the People, Culture and Safety Committee and the Risk Committee. Prior to joining the Board John was Chairman of the Fonterra Shareholders’ Council for a three-year period. He is also a director of Centre Port Limited and Centre Port Properties Limited, and is a trustee of the Wairarapa Irrigation Trust and the Eketahuna Charitable Trust.

John has dairy farming interests in the Wairarapa, Canterbury and Otago regions and beef farming interests in the Wairarapa.

  

Nicola Shadbolt was elected to the Fonterra Board in 2009 and serves on the Audit and Finance Committee. Nicola is a Professor of Farm and Agribusiness Management at Massey University, Director of the Centre of Excellence in Farm Business Management, a Director of the International Food and Agribusiness Management Association, and represents New Zealand in the International Farm Comparison Network in Dairying.

Nicola and her husband live in the Pohangina Valley in the Manawatu, which is the base for the five farming and forestry equity partnerships they run, which include two dairy farms.

Donna Smit was elected to the Fonterra board in December 2016. Donna lives and farms at Edgecumbe, and has built and owned seven dairy farms in Eastern Bay of Plenty and Oamaru. Donna is a Director of Ballance Agri Nutrients and Primary ITO and a Trustee of Taratahi Agricultural Training Centre and Eastern Bay Energy Trust.

Donna is a Chartered Accountant and was Company Administrator at Kiwifruit Co-operative EastPack for 24 years.

Scott St John joined the Fonterra board in October 2016 and is currently CEO of First NZ Capital, and one of the country’s leading investment advisors.  He has almost 30 years of experience with funds management and securities transactions which have involved him advising the boards and senior managers of prominent companies and organisations in New Zealand and globally.

His experience as a leader of a high-performing organisation has instilled in him a deep appreciation of the importance of engaging with people to drive success. Scott was appointed to the Council of the University of Auckland in 2009 and was appointed Pro-Chancellor in 2014. He is a director of Fisher and Paykel Healthcare and will be standing down from his role as CEO of First NZ Capital in early 2017.

  

Ashley Waugh was elected to the Fonterra board in November 2015. Ashley joined the dairy industry in 1991 from the Ford Motor Company, holding senior positions for ten years at New Zealand Dairy Board. From 2001 he spent eight years at National Foods in Australia, including four as CEO.

Ashley also serves on the boards of Seeka Kiwifruit Industries Limited, The Heat Group (in Australia) and is Chairman of Moa Group Limited. Ashley farms at Pokuru, south of Te Awamutu.