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Fonterra millionaires club sits pretty in face of plummeting profit

The under-performing cooperative employs 576 senior staff earning over $160,000.

Jamie Ball
Mon, 13 Apr 2015

Despite unsatisfactory interim results, Fonterra is unlikely to relent on calls from some farmers to reduce its top tier wages as most suppliers brace themselves for an estimated net profit this season of less than $20,000.

The cooperative employs 576 senior staff earning over $160,000 and 17

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Jamie Ball
Mon, 13 Apr 2015
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Fonterra millionaires club sits pretty in face of plummeting profit
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