Sir Ralph joined the Board in May 2012 as an Independent Director, and made this decision because of his other commitments.
Sir Ralph is also resigning from the Board of the Manager of the Fonterra Shareholders’ Fund, from 25 November 2015.
The Fonterra Board will initiate a process to identify a new Independent Director, which will include consultation with the Board of the Manager of the Fonterra Shareholders’ Fund. In the meantime Sir Ralph will continue on both boards until the Fonterra Annual Meeting in November 2015.
