Fonterra CEO Theo Spierings survived scandal and scrutiny, until now

Outgoing head announces departure after co-op reveals $405 million Beingmate impairment at half-year results. Plus Fonterra's top earners.

Mackenzie Smith
Wed, 11 Jul 2018

Outgoing Fonterra chief executive Theo Spierings always faced the most heat over his exorbitant paycheck.

But his departure has come amid public and shareholder outcry over the co-operative’s controversial investment in China’s Beingmate group.

Speaking at a press conference on the company's

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