Monday, 13 June 2016 09:03

Spierings has faith in Fonterra

Written by 

Fonterra chief executive Theo Spierings says he believes in the co-op, its strategy and future.

 

He says Fonterra's strategy is working.
He was commenting on media reports that he will be quitting the high profile job.

Spierings says he landed from a trip to China to read media reports about his future with the co-op.

He says it took him 10 days to reassure key customers and partners worldwide that he was not quitting.

Fonterra chairman John Wilson described the media report as "rubbish".

"It's just appalling that as we have a vote underway such report surfaces," he said at the special agm on governance.

Wilson says as soon he found out about the report, he sent an email out to farmers rubbishing the report.

More like this

Winston's crusade

OPINION: A short-term sugar hit. That's what NZ First leader Winston Peters is calling the proposed sale of Fonterra's consumer and associated businesses.

Featured

MPI defends cost of new biosecurity lab

The head of the Ministry for Primary Industries (MPI) biosecurity operation, Stuart Anderson, has defended the cost and the need for a Plant Healht and Environment Laboratory (PHEL) being built in Auckland.

National

Machinery & Products

New pick-up for Reiter R10 merger

Building on experience gained during 10 years of making mergers/ windrowers, Austrian company Reiter has announced the secondgeneration pick-up on…

Krone EasyCut B1250 fold

In 2024, German manufacturer Krone introduced the F400 Fold, a 4m wide disc front mower, featuring end modules that hinge…

» Latest Print Issues Online

Milking It

Microplastics problem

OPINION: Microplastics are turning up just about everywhere in the global food supply, including in fish, cups of tea, and…

Job cuts

OPINION: At a time when dairy prices are at record highs, no one was expecting the world's second largest dairy…

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter