The Board's role


Our Board is responsible for leadership, direction and oversight of Fonterra. It is accountable to our Shareholders for the overall performance of the Co-operative. Specific functions of the Board include:

  • Review of the dividend policy and declaration of the interim and final dividend. 
  • Declaration of the Farmgate Milk Price and Distribution Profit.
  • Declaration of the actual Co-operative share price from the commencement of each season (the Fair Value Share price). 
  • Reviewing and approving the Group strategy and business plans. 
  • Appointing the CEO and reviewing the CEO's performance.
  • Delegating authority to management, and monitoring the exercise of that authority. 
  • Engaging in the development of the strategic plan and setting the strategy for the Group and for the major business units within the Group. 
  • Approving significant acquisitions and disposals outside management's delegated authorities.
  • Overseeing the Board Committees and the areas covered by each of those Committees.

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

Peter McBride

Farmer-elected Director, Chairman

Clinton Dines

Appointed Director

Brent Goldsack

Farmer-elected Director

Leonie Guiney

Farmer-elected Director

Bruce Hassall

Appointed Director

Donna Smit

Farmer-elected Director

Holly Kramer

Appointed Director

Scott St John

Appointed Director

Andy Macfarlane

Farmer-elected Director

Cathy Quinn

Farmer-elected Director

John Nicholls

Farmer-elected Director