Fonterra secretive on size of CEO's pay sacrifice
CEO seeks base pay freeze on day 750 job cuts confirmed.
Tim Hunter talks about Fonterra's CEO pay on NBR Radio and on demand on MyNBR Radio.
Dairy giant Fonterra [NZX: FCG] is declining to reveal how much its chief executive Theo Spierings is giving up by freezing his base salary.
Mr Spierings pay sparked angry comments after the co-op disclosed he received $4.9 million in the year to July, 17% more than the previous year.
The
Want to read more? It's easy.
Choose your best value subscription option
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 debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Tim Hunter
Thu, 01 Oct 2015
Thu, 01 Oct 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Fonterra secretive on size of CEO's pay sacrifice
52050