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19 Jan 2026 18:52
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      Home > News > Rural

    Fonterra has slapped a pay freeze on its top-earning executives

    Fonterra has slapped a pay freeze on its top-earning executives


    Fonterra
    Fonterra
    Chief executive Miles Hurrell has emailed staff to say those earning more than a hundred thousand dollars won't get annual pay increases in the year ahead.

    According to the 2018 financial report, more than six thousand of Fonterra's 22-thousand staff earn a hundred grand or more.

    © 2026 Newstalk ZB, NZCity

     Other Rural News
     15 Jan: Potential for a dairy price recovery
     15 Jan: Fonterra's boss says farmers are used to volatility in prices and payouts
     26 Dec: Some good news on the horizon for cattle and sheep farmers
     19 Dec: The Reserve Bank's weighing in on the Fonterra deal
     12 Dec: Dairy farmers are being warned they'll be taking a cut in earnings, due to falling global dairy prices
     04 Dec: Fonterra is getting closer to selling off its consumer brands like Anchor and Mainland
     03 Dec: The fall in global dairy prices continues
     Top Stories

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    BUSINESS BUSINESS
    Chocolate products could be in for a shake up - as manufacturers race to develop cocoa alternatives More...


     Today's News

    		 Motoring:
    Tired legs have caught up with New Zealand cyclist Ally Wollaston in the Tour Down Under 18:37

     Business:
    Chocolate products could be in for a shake up - as manufacturers race to develop cocoa alternatives 18:07

     International:
    At least 21 dead after two high-speed trains derailed in Spain 17:57

     International:
    Tensions over Greenland escalate as US threatens tariffs over European troop deployment 17:47

     Lower South Island:
    Tom Sexton has prevailed in a bunch sprint to win the second stage of cycling's Tour of Southland 17:27

     Entertainment:
    Roger Allers, co-director of The Lion King, dies aged 76 17:17

     Health & Safety:
    Any weight loss drug roll out in New Zealand - would need to be done carefully 17:17

     Environment:
    Small Northland communities got the worst of the weekend's flooding, but more is to come 16:57

     Cricket:
    Stand-in captain Michael Bracewell is amazed by the depth the Black Caps are starting to build 16:17

     Rugby:
    Don't be surprised if the coaching nous of Scott Robertson is lured to the UK 15:27

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