Result announced for second 2018 Fonterra Director election

The result of the second Fonterra Director election has been announced, with shareholders voting to elect John Nicholls.

The second election was required after after only two candidates from the first election, Leonie Guiney and Peter McBride, secured more than 50 percent support from shareholders.

Election rules mean if not enough candidates get more than 50 percent support, there must be a second election.

John Nicholls lives in Christchurch, and has farming interests in mid-Canterbury. 

He was a previous Fonterra Shareholders' Councillor, and is currently Chair of MHV water, New Zealand's largest inter-generational irrigation co-operative, providing water to 50,000ha in Ashburton District.

Mr Nicholls received 53 percent support from shareholders, while Jamie Tuuta received 37 percent support.

John Nicholls takes up his position on the Fonterra board immediately.