Displaying items by tag: Theo Spierings

Fonterra has appointed Pascal De Petrini as managing director of its Asia Pacific, Middle East & Africa (APMEA) business unit.

Fonterra chairman John Wilson and chief executive Theo Spierings will lead a board of directors' visit to China next week to meet with Fonterra management and key stakeholders.

Fonterra is in damage control as its export markets react to potentially contaminated whey protein concentrate ending up in infant formula and other dairy products.

Fonterra will this morning release more details of a food scare involving three batches of whey protein concentrate manufactured in New Zealand last year.

Fonterra is lowering its 2013 earnings before interests and taxes (EBIT), blaming the drought and its struggling Australian business.

Fonterra has announced a half-year net profit of $459 million, a 33% increase over the previous year.

FONTERRA CHIEF executive Theo Spierings is expected to announce this week that the co-op’s annual revenues have for the first time exceeded $20 billion. The achievement caps Spierings first year at the helm of the co-op. 

Fonterra has announced a final payout of $6.40/kgMS for the 2011-12 season, a drop of 19% over the previous year.

FONTERRA CHIEF executive Theo Spierings has slammed a New Zealand Herald opinion piece by Federated Farmers Dairy chair Willy Leferink on TAF (trading among farmers) and Fonterra’s future.

Some Southland farmers will be “condemned to poverty” because of dairy conversions now requiring resource consent, says Southland’s Federated Farmers vice-president Russell McPherson.