Paying for peanuts
Fonterra paid its chief executive 17% more this year but shareholders will struggle to figure out why.
Tim Hunter talks about his latest column on NBR Radio and on demand on MyNBR Radio.
Like a well-fed sumo wrestler squeezed into airline cattle class, Fonterra [NZX: FCG] can’t help bulging uncomfortably all over the New Zealand economy.
This overflowing influence is awkward in many ways, not least for the dairy co-op’s chief executive Theo Spierings whose bulky pay packet barely
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Paying for peanuts
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