Fonterra
Farmers want new CEO to be a NZer
Fonterra's had a Canadian and a Dutchman as CEO and there's a feeling among its farmer-shareholders that it's time for a New Zealander. We ask commentator Rod Oram what attributes an in-coming CEO… Audio
'Appalling' Fonterra result a case for NZer boss - economist
Fonterra's appalling result yesterday points to a lack of connection between management and local shareholders, agricultural economist Peter Fraser says. Audio
Fonterra seeks new CEO, deals with $348m loss - analysis
There are calls for the next head of New Zealand's biggest company, Fonterra, to be homegrown - and for the salary to be given some hard thought. Chief executive Theo Spierings, who's been in the… Audio
Theo Spierings steps down as Fonterra CEO
Fonterra's chairman John Wilson denies CEO Theo Spierings' departure is linked to the co-operative's $348 million half-year loss, but dairy farmers say it's only right that he leaves. Audio
Fonterra CEO resigns
Fonterra has announced its chief executive Theo Spierings is leaving after seven years in the job. Audio
Fonterra boss Theo Spierings to step down
Mr Spierings has been in the job for seven years and says he wants to find a job that is better, not bigger, than Fonterra.
Fonterra first half loss
Fonterra has posted a 348-million dollar first half loss as it finally bit the bullet on a troubled Chinese investment and it had to pay out a large compensation package to a rival. Audio
Fonterra profit tumbles on writedowns
The dairy giant Fonterra has made a first-half loss after taking a large write-down on its Beingmate investment, in addition to damages to its rival, Danone.
Fonterra 'extremely disappointed' over Beingmate losses
A large Chinese dairy company in which Fonterra has a stake expects to make a bigger full-year loss.
Evening business for 22 January 2018
News from the business sector, including a market report. Video, Audio
Fonterra cuts forecast payout to $6.40kg
Dairy co-operative Fonterra has cut its milk payout forecast by 35 cents to 6-dollars-40 a kilo of milk solids. Audio
Fonterra makes surprise downgraded forecast
Fonterra has cut its forecast milk price by thirty-five cents to six-dollars-40 a kilogram of milk solids. The co-operative announced its downgraded forecast in a surprise late night statement to the… Audio
Business commentator Rod Oram
Rod Oram reports on Danone winning a $183m arbitration claim against Fonterra, and the major US oil producer, Anadarko pulls out of New Zealand exploration after racking up heavy losses. Audio
Fonterra ordered to pay $183m over botulism scare
A botulism scare has cost Fonterra $183 million - and New Zealand's largest company has slashed its forecast dividend as a result. Video, Audio
VIDEO: Fonterra chair 'angry and disappointed' over fine
Fonterra has been ordered to pay an $183m fine to food giant Danone over the 2013 baby formula scare. Watch the dairy co-operative's official response to the ruling here.
Fonterra unlikely to challenge tribunal fine
Fonterra's chair says he's angry and disappointed with the $183m fine meted out to the cooperative but it's 'highly unlikely' it can be challenged. Video
Forecast payout gets nudged down
The latest weak dairy auction has increased the odds Fonterra will have to cut its forecast payout. Audio
Dairy industry leader dies
The recent chair of Dairy NZ, Michael Spaans, has died of cancer at the age of 54.
Fonterra pledges to reduce greenhouse gases
A dramatic pledge to cut greenhouse gas emissions has been made this morning by New Zealand's largest economic entity, Fonterra.
Downside risk to Fonterra's payout
A continuing slide in dairy prices is putting further downside pressure on Fonterra's forecast payout. Audio
