We’re proudly a Co-operative. This means we’re owned by our farmers (our members) who buy into Fonterra and agree to sell us milk. In return, we collect their milk from their farms and pay them for every drop of milk we collect (measured in kilogram of milk solids) and an annual dividend.
Read our Co-operative's Constitution
Being our owners puts farmers at the centre of our business. Everything we do is about delivering value and returns for them and their whānau. Our governance structure helps us achieve this. Our Co-op is governed by The Board of Directors who are responsible for the leadership and direction of our company.
The Fonterra Shareholders’ Council is an elected national body of farmer shareholders who represent the views of all our farmers. The Fonterra Management Team (often called FMT) is headed up by our CEO Miles Hurrell and is responsible for the day-to-day business operations.
“I’d like to thank the Co-op’s farmer-owners and unitholders for their continued encouragement and support. It’s not something that I’d ever take for granted.”
Fonterra Chief Executive Officer
They trust us with their milk and we work hard to treasure their product. They’re what set us apart from other companies. That’s because they get up at 4.30am every day of the year to milk their cows and provide our Co-op with the best dairy in the world. They work the land, care for their cows and give back to their communities.
We encourage and support our farmers be the best they can be, to put the best environmental management practices at their fingertips and help them improve profitability and resilience on-farm.
The Governance Development Programme was established by the Fonterra Shareholders’ Council and Board of Directors in 2006 to help address dairy industry and rural sector succession needs.
Stats, trends, innovation stories and Co-op information, you’ll find it all in our Co-op hub.
Fonterra is the first dairy company that can electronically trace its product anywhere in the world within minutes.
April 17, 2019
DIRA has been critical to the performance of New Zealand’s dairy sector but some aspects need modernising.
October 21, 2019
Learn how Fonterra is feeding India’s growing appetite for dairy.
October 15, 2019
When Director Paediatrics, Susan Reelick, agreed to an online briefing at the Shanghai Children, Baby, Maternity Expo (CBME), she was surprised to learn that 10 million people would be listening in.
November 01, 2019
We’re offering schools a chance to ditch plastic single-use straws to help the environment.
November 19, 2019
One year on, Rob Fenwick, Chair of our inaugural Sustainability Advisory Panel, reflects on the sustainability challenges facing the Co-op and how the panel is advising the Co-op’s roadmap towards a sustainable future.
November 27, 2019
Once again, one of our own has proven that tanker drivers do so much more than moving milk from A to B.
November 21, 2019
It's that time of year when we take a look back at the highlights that helped make 2019 what it was before turning the page to 2020.
December 27, 2019
One of Fonterra’s Southland farmers travelled across the ditch to help fight the bush fires in Australia.
December 23, 2019
Surprising and surreal are the words Harvey Indyk uses when he’s asked to describe the last couple of months, for two similar reasons.
January 30, 2020
To reduce pallet waste, Fonterra’s National Pallet Manager Lawrence Hooker has been working with supplier Timpack to redesign Fonterra’s pallets.
February 14, 2019
At peak dairy season, our truck drivers drive enough to circle around the world eight times. We encourage our drivers to make safety a number one priority on their routes.
May 09, 2017
New Zealand produces enough food for 50 million people. Pretty impressive for a country of 4.7 million. But with 9 billion mouths to feed by 2050, the world needs to produce more nutrition – 30% more.
December 05, 2018
For the first time in nine years, Korean President Moon Jae-in is visiting New Zealand and no doubt, trade is on his agenda.
December 05, 2018
Over 500 McDonalds restaurants across China will serve up a taste of New Zealand, with Fonterra now supplying product for the restaurant chain’s iconic soft serve ice creams.
December 21, 2018