Displaying items by tag: Theo Spierings

Wednesday, 21 March 2018 13:03

Spierings to step down

Fonterra chief executive Theo Spierings is to leave by the end of this year.

Published in General News
Tuesday, 12 December 2017 10:55

Fonterra made right call – Coull

Fonterra farmers are confident their co-op was right in issuing a precautionary recall of infant formula four years ago.

Published in General News
Thursday, 07 December 2017 12:33

Fonterra revenue up, sales down

While Fonterra’s first quarter revenue is up 4% on the same period last year, sales volumes are down 20% to 3.9 billion liquid milk equivalent (LME).

Published in General News
Friday, 01 December 2017 14:38

Fonterra downgrades dividend, holds milk price

Fonterra has lowered its forecast earnings per share following a ruling against it in favour of Danone for $183 million in damages.

Published in General News
Friday, 01 December 2017 13:39

Danone awarded damages of $183m from Fonterra

Danone has been awarded damages from Fonterra Co-operative Group totaling $183 million – fall-out from Fonterra’s product recall of 2013.

Published in General News
Friday, 01 December 2017 09:12

Fonterra calls for trading halt

Fonterra Co-operative Group Limited has requested an immediate trading halt to be applied to their securities on the ASX, the NZX and the Fonterra Shareholders Market.

Published in General News
Wednesday, 29 November 2017 14:55

Are they worth their keep?

In reflecting on the salary package/bonuses paid to Theo Spierings in the past season it is important to understand that the Fonterra business is owned by shareholders who empower a board to act on their behalf.

Published in Opinion
Wednesday, 29 November 2017 10:55

Spierings to chair global dairy body

Fonterra chief executive Theo Spierings has been appointed chairman of Global Dairy Platform (GDP).

Published in General News
Thursday, 02 November 2017 12:32

Fonterra to boost Oz processing capacity

Fonterra is fast tracking $100 million worth of milk plant upgrades in Australia.

Published in General News
Tuesday, 03 October 2017 08:55

Fonterra defends $8m pay packet

Fonterra is defending chief executive Theo Spierings’ hefty $8 million pay packet, saying he hit “far-reaching and demanding targets” set by the board.

Published in General News

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