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Fonterra CEO Theo Spierings Resigned

Fonterra CEO to resign as China problems hit profits

Fonterra said on Wednesday that chief executive Theo Spierings would step down before the end of the year as the world’s biggest dairy exporter slumped to a NZ$348m first-half loss due to problems at its Chinese partner Beingmate.


Name: Theo Spierings

Continent: Oceania

Country: New Zealand

Company: Fonterra

Position: CEO

Reason: Resigned

Announcement Date: March 19, 2018, 11:00pm

Resignation Date: March 19, 2018, 11:00pm

Source 1: https://www.ft.com/content/e88c8060-2c8e-11e8-9b4b-bc4b9f08f381


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