Fonterra Board Pay Rise: Chair Fee Up to $528,500
Fonterra board members are in line for a pay rise of around 3%.
Dedoncker, managing director global markets consumer, joined Fonterra in 2005 and has held several global leadership positions during that time, including leading the Mainland Group business since March 2025.
The Mainland Group business has been sold to Lactalis.
Fonterra chief executive Miles Hurrell thanked Dedoncker for his significant contribution to Fonterra, particularly through the process to divest Mainland Group, where he has continued to provide strong leadership and drive performance as Fonterra prepared the business for sale.
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