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Pay cut for Fonterra’s top exec

Disclosures indicate CEO Theo Spierings took home about $280,000 less  

Tim Hunter
Thu, 22 Sep 2016

Fonterra’s highest paid executive, likely to be chief executive Theo Spierings, received between $4.65 and $4.66 million in the year to July 31, down from $4.93 million a year earlier.

Mr Spierings sought a freeze of his base pay on September 21 last year after Fonterra cut 750 jobs from its

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Tim Hunter
Thu, 22 Sep 2016
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Pay cut for Fonterra’s top exec
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