The comments came in the first of a two-part inquiry into Fonterra Shareholders Council. The Shareholders Council commissisoned a review of itself last year, chaired by veteran public servant James Buwalda. The inquiry group comprised two members of the Fonterra Board, two members of the Shareholders Council and four independents. The first stage of the review summarised the opinions of 1400 Fonterra farmer shareholders, who responded to an online survey. They looked at four issues: representation of farmers, monitoring of Fonterra's performance, connections between the company and farmers, and the role of the council in guardianship of the Fonterra co-operative.

Source: Otago Daily Times June 22, 2020 05:37 UTC