16 Aug 2019

Fonterra's Spierings payout 'beyond belief' - Shane Jones

From Checkpoint, 5:20 pm on 16 August 2019

Former Fonterra chief executive Theo Spierings is under fire for receiving a $4.7 million payout when he left the dairy giant last year.

The revelation follows the news the country's largest company is forecasting a loss of up to $675 million, and wont be paying a dividend this financial year after a string of write-downs.

Matthew Theunissen reports.