Murray Goulburn Co-Operative Co. Limited is an unlisted public company incorporated in Victoria.  As Murray Goulburn is wholly-owned by its dairy farmer / suppliers it operates under co-operative principles.

Suppliers & shareholders

Supplier / shareholders hold ordinary shares in Murray Goulburn Co-Operative which entitles them to vote at general meetings, vote for director candidates and receive ordinary dividends from time to time. Former suppliers can hold preference (non-voting) shares which receive a preference dividend from time to time.

Board of Directors

Murray Goulburn Co-Operative’s constitution prescribes the composition of the co-operative’s board of directors which must include the appointment of current dairy farmer / shareholders representing milk supply regions and the Managing Director. The appointment of non-supplier directors is also allowed under the constitution. Currently the Board is made up of nine supplier /shareholders, the Managing Director and one non-supplier director.