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Fonterra CEO rakes in $8.3m

UPDATED: Chairman John Wilson defends "velocity payments" to senior executives.

Tim Hunter & Jonathan Underhill
Mon, 25 Sep 2017

Fonterra chief executive Theo Spierings' pay packet has leapt to $8.32 million for the year to July 31, almost doubling from last year and making him probably the highest-paid executive in New Zealand.

Mr Spierings' remuneration comprised base salary of $2.46 million, short-term incentive pay of

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Tim Hunter & Jonathan Underhill
Mon, 25 Sep 2017
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Fonterra CEO rakes in $8.3m
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