close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
5 mins to read

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

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Tim Hunter & Jonathan Underhill
Mon, 25 Sep 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Fonterra CEO rakes in $8.3m
70340
true