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30 Nov 2025 8:43
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  •   Home > News > Rural

    Fonterra has slapped a pay freeze on its top-earning executives

    Fonterra has slapped a pay freeze on its top-earning executives


    Fonterra
    Fonterra
    Chief executive Miles Hurrell has emailed staff to say those earning more than a hundred thousand dollars won't get annual pay increases in the year ahead.

    According to the 2018 financial report, more than six thousand of Fonterra's 22-thousand staff earn a hundred grand or more.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     28 Nov: Farmers are turning out more milk with fewer cows
     25 Nov: Fonterra still expects most dairy farmers to break even this season
     23 Nov: Calls for farmers to get on top of worm treatment for their dogs - to stop the spread of C-ovis or sheep measles
     31 Oct: Chris Luxon is defending Fonterra farmers, who've faced a scathing critique from Winston Peters
     30 Oct: There are no guarantees Anchor, Mainland and Kapiti products will always be made with New Zealand dairy
     30 Oct: Plenty at stake for Fonterra farmers, as they weigh up whether to sell the co-op's consumer brands
     24 Oct: A senior analyst believes the sale of Fonterra's brands wouldn't be just a short term sugar hit
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