Fonterra shareholder calls for halt to investment spending, proposes 25% pay cut for executives
Duncan Bridgeman Fri, 17 Oct 2014
Fonterra [NZX:FCG] is recommending shareholders vote against a proposal that the co-operative halt investment spending both here and overseas until farmers receive a minimum of $7 per kg of milk solids.
Murray Beach, a Fonterra shareholder from Havelock near Nelson, has put forward the proposal