He scarpered from the NZ dairy co-operative in late 2018 – after a disastrous $196 million loss – and pocketed $43m in salary and incentive payments during his 7-year tenure at Fonterra.
Now he’s gone back into business, setting up a management consulting business with Paul Roedig, who was director of brand and strategy at Fonterra from 2012 to 2015.
Spierings has been widely criticised for leading Fonterra into a strategy that many blamed for the poor financial performance of 2018-2019.
Apparently, he told a local Dutch newspaper he wasn’t looking for another job.
I guess when you have ‘earned’ $43m over 7 years, you probably don’t really need to work again.
Nice for some!
