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

Elected Director, Chairman

Clinton Dines

Appointed Director

Brent Goldsack

Elected Director

Leonie Guiney

Elected Director

Bruce Hassall

Appointed Director

Donna Smit

Elected Director

Holly Kramer

Appointed Director

Scott St John

Appointed Director

Andy Macfarlane

Elected Director

Cathy Quinn

Elected Director

John Nicholls

Elected Director