19 September 2008
Fonterra Elections - Nominations Close In One Week
Shareholders seeking election to Fonterra's Board of Directors, Directors' Remuneration Committee or Shareholders'
Council have one week left to submit their nomination. The close of nominations is 12 noon on Friday 26 September 2008.
Candidates for the Board of Directors' election also need to advise the Returning Officer if they wish to access the
Candidate Assessment Panel (CAP) process by the close of nominations.
CAP is available to assess the capabilities, experience and qualifications of Director candidates and provide
shareholders with more information to assist in making an informed vote. While the CAP process is open to all Director
candidates it is not compulsory.
The Panel, consisting of independent Chairman, John Palmer, two members appointed by the Fonterra Board, Henry van der
Heyden and Greg Gent or Roger France, and two appointed by the Shareholders' Council, Blue Read and independent John
Loughlin, will be interviewing intending candidates on 2 and 3 October 2008.
Nomination Papers and Candidate Handbooks for all three elections are available from the Returning Officer by phoning
the Election Hotline on free phone 0508 666 446. All nominations must be received by the Returning Officer, Warwick
Lampp, by 12 noon, Friday 26 September 2008.
In accordance with the Constitution, every year three shareholder-elected Directors must retire from the Board. They may
seek re-election. Directors required to retire by rotation this year are Greg Gent, Earl Rattray and Jim van der Poel.
Murray Holdaway of the Directors' Remuneration Committee is retiring by rotation this year in accordance with the
Constitution. Tom Lees, who was also scheduled to retire by rotation, resigned from the Committee during the year and is
not eligible for re-election.
This year there are Shareholders' Council elections in 14 wards:
Ward 1
Northern Northland
Ward 4
Southern Northland
Ward 6
Haurak
Ward 7
Coromandel
Ward 10
Te Aroha
Ward 13
Matamata
Ward 16
Rotorua
Ward 19
Taupo
Ward 22
Central Taranaki
Ward 25
Northern Manawatu
Ward 27
Southern Manawatu
Ward 28
Wairarapa
Ward 31
Central Canterbury
Ward 34
Eastern Southland
Councillors who have advised they will stand for re-election are:
Ward 4
Southern Northland
Simon Couper
Ward 6
Hauraki
Peter West
Ward 7
Coromandel
Dirk Sieling
Ward 10
Te Aroha
Graham Hallett
Ward 13
Matamata
Grant Wills
Ward 16
Rotorua
Steve Carroll
Ward 19
Taupo
Campbell Shearer
Ward 28
Wairarapa
Philip Palmer
Ward 34
Eastern Southland
Lloyd McCallum
Shareholders' Councillors retiring are:
Ward 1
Northern Northland
Kevin Baxter
Ward 22
Central Taranaki
Mark Masters
Ward 25
Northern Manawatu
Greg Maughan
Ward 27
Southern Manawatu
Grant Rowan
All three elections will run concurrently. The voting period is from Thursday 30 October until 12 noon on Tuesday 25
November and results will be announced at Fonterra's Annual Meeting on Wednesday 26 November 2008 and on Fencepost.com.
All shareholders will be advised of the election results in a letter from the Board Chair.
The Single Transferable Vote (STV) voting system will be used for the three elections. Voting can be carried out by
internet, fax and postal voting.
ENDS