Fonterra's former chief executive pocketed 43 million dollars during his time in the job
Fonterra's former chief executive pocketed 43 million dollars during his time in the job
16 August 2019
And the company's disclosed Theo Spierings received an incentive payment of 4.67 million dollars when he left the job last August.
That came despite Fonterra's huge financial losses.
In a statement, Fonterra says the final payment was made under a long-term leadership incentive plan for the 2016 and 2017 financial years.
That plan has since been discontinued.
© 2024 Newstalk ZB, NZCity