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Fonterra backs Beingmate founder as board comes under fire

"The board should be looking in the mirror for how it assesses acquisitions," analyst says.

Duncan Bridgeman
Thu, 22 Mar 2018

Fonterra is banking on the return of Beingmate founder Xie (Sam) Hong to try to resurrect the ailing Chinese company as pressure mounts on Fonterra’s board to take responsibility.

Chairman John Wilson said Wednesday that chief executive Theo Spierings stepping down is not linked to the

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Duncan Bridgeman
Thu, 22 Mar 2018
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Fonterra backs Beingmate founder as board comes under fire
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