Colin Armer’s resignation from Fonterra’s board was unexpected.
One possibility is that he stood for chair and when he was unsuccessful decided his time and undoubted business acumen were better used elsewhere.
He epitimises what the New Zealand dairy industry is about. He is a master at running low cost farms to maximise the natural advantages of our pasture based systems.
He has demonstrated that with hard work and ability it is possible to start with nothing and succeed. He bought his first farm when he was 19 and he and his wife Dale are the country’s largest dairy farmers.
In spite of complaints about the high price of land, this is a model which still works for aspiring farmers.
The NBR has a brief biography here.