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Theo Spierings

Keith Woodford sets out how the seeds of Fonterra’s current situation were sown a long time ago, driven by over-confidence and arrogance in the overarching company culture
23rd Sep 19, 12:03pm
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Keith Woodford sets out how the seeds of Fonterra’s current situation were sown a long time ago, driven by over-confidence and arrogance in the overarching company culture
Fonterra is now planning to sell part of its ill-starred investment in China's Beingmate on-market having failed to find a buyer for the whole 18.8% stake
7th Aug 19, 10:26am
18
Fonterra is now planning to sell part of its ill-starred investment in China's Beingmate on-market having failed to find a buyer for the whole 18.8% stake
The new leadership of Fonterra will need to demonstrate at next week's half-year result announcement that they are getting a handle on the giant dairy co-operative's many problems and issues
11th Mar 19, 3:35pm
6
The new leadership of Fonterra will need to demonstrate at next week's half-year result announcement that they are getting a handle on the giant dairy co-operative's many problems and issues
Ratings agency Fitch says Fonterra has structural issues it needs to address; expects Fonterra to prioritise the strength of its balance sheet over payments to farmer shareholders; Hurrell gets Fonterra CEO job permanently
5th Mar 19, 10:09am
8
Ratings agency Fitch says Fonterra has structural issues it needs to address; expects Fonterra to prioritise the strength of its balance sheet over payments to farmer shareholders; Hurrell gets Fonterra CEO job permanently
Keith Woodford analyses the meaning of the numbers that lie deep within Fonterra’s accounts
19th Sep 18, 11:21am
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Keith Woodford analyses the meaning of the numbers that lie deep within Fonterra’s accounts
David Hargreaves thinks the struggling Fonterra dairy co-operative will need a close eye keeping on it as it endeavours to get its wobbly milk cart back on the trail
13th Sep 18, 5:02pm
13
David Hargreaves thinks the struggling Fonterra dairy co-operative will need a close eye keeping on it as it endeavours to get its wobbly milk cart back on the trail
Fonterra holds milk price forecast at $6.75; forecasts earnings per share of 25c-35c this year; to review investments including Beingmate; full year loss of $196 million reported
13th Sep 18, 9:13am
27
Fonterra holds milk price forecast at $6.75; forecasts earnings per share of 25c-35c this year; to review investments including Beingmate; full year loss of $196 million reported
David Hargreaves argues the Government needs to concede that the creation of Fonterra was the wrong thing to do and start again
17th Aug 18, 12:01pm
45
David Hargreaves argues the Government needs to concede that the creation of Fonterra was the wrong thing to do and start again
Embattled dairy giant Fonterra has appointed Miles Hurrell as interim CEO with immediate effect; Theo Spierings will leave at the end of the month
15th Aug 18, 8:25am
14
Embattled dairy giant Fonterra has appointed Miles Hurrell as interim CEO with immediate effect; Theo Spierings will leave at the end of the month
David Hargreaves says Fonterra needs to undergo a massive overhaul otherwise the consequences could be quite drastic
10th Aug 18, 3:25pm
34
David Hargreaves says Fonterra needs to undergo a massive overhaul otherwise the consequences could be quite drastic
Fonterra says dividend will be just 10c, down from 40c, while final milk price for season just gone has been cut to $6.70 from the expected $6.75; Shareholders' Council says situation 'unacceptable'
10th Aug 18, 8:58am
20
Fonterra says dividend will be just 10c, down from 40c, while final milk price for season just gone has been cut to $6.70 from the expected $6.75; Shareholders' Council says situation 'unacceptable'
Dairy giant Fonterra has gone into a trading halt on NZX while it determines whether earnings from the July year will be different to that previously forecast
9th Aug 18, 1:33pm
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Dairy giant Fonterra has gone into a trading halt on NZX while it determines whether earnings from the July year will be different to that previously forecast
Appointment of new 'independent' manager to Beingmate seen by Fonterra as key to turning around its under-performing investment in the company
2nd Jul 18, 10:21am
1
Appointment of new 'independent' manager to Beingmate seen by Fonterra as key to turning around its under-performing investment in the company
Winston Peters says ‘heads should roll’ at Fonterra over its loss on China's Beingmate, says the buck stops at the top
14th Jun 18, 3:08pm
by Jason Walls
31
Winston Peters says ‘heads should roll’ at Fonterra over its loss on China's Beingmate, says the buck stops at the top
The ‘First Citizen of the Provinces’ has called for the resignation of another top public-sector figure – Fonterra Chairman John Wilson
13th Jun 18, 4:09pm
by Jason Walls
28
The ‘First Citizen of the Provinces’ has called for the resignation of another top public-sector figure – Fonterra Chairman John Wilson
David Hargreaves says Fonterra's still failing to balance the commodity cycles - and that's bad for New Zealand
23rd May 18, 4:37pm
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David Hargreaves says Fonterra's still failing to balance the commodity cycles - and that's bad for New Zealand
Dairy giant Fonterra lifts current season milk price forecast to $6.75 from $6.55, but says dividend may be more than halved; milk price forecast for new season, at $7, is much higher than expected
23rd May 18, 9:10am
3
Dairy giant Fonterra lifts current season milk price forecast to $6.75 from $6.55, but says dividend may be more than halved; milk price forecast for new season, at $7, is much higher than expected
Fonterra's orchestration of the announcement of CEO Theo Spierings departure was symphony-like. Here's hoping its next moves around a new CEO and board refreshment are as convincing
21st Mar 18, 2:51pm
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Fonterra's orchestration of the announcement of CEO Theo Spierings departure was symphony-like. Here's hoping its next moves around a new CEO and board refreshment are as convincing
Fonterra says its board and CEO Theo Spierings 'have agreed' he will leave later this year; international search under way for replacement and candidates now shortlisted
21st Mar 18, 11:18am
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Fonterra says its board and CEO Theo Spierings 'have agreed' he will leave later this year; international search under way for replacement and candidates now shortlisted
Dairy giant Fonterra lifts milk price forecast to $6.55 from $6.40, but forecasts lower dividend; takes $405 mln write-down on value of its Beingmate shareholding
21st Mar 18, 9:00am
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Dairy giant Fonterra lifts milk price forecast to $6.55 from $6.40, but forecasts lower dividend; takes $405 mln write-down on value of its Beingmate shareholding
David Hargreaves fears Fonterra will again 'leave the crowd wanting more' when it fronts for its half-year results next week
15th Mar 18, 2:20pm
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David Hargreaves fears Fonterra will again 'leave the crowd wanting more' when it fronts for its half-year results next week
UBS analyst forecasts Fonterra will take a writedown of $160 million on its Chinese Beingmate shareholding and reduce dividend payment this year to 32c from 40c last year
14th Mar 18, 3:45pm
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UBS analyst forecasts Fonterra will take a writedown of $160 million on its Chinese Beingmate shareholding and reduce dividend payment this year to 32c from 40c last year
Latest GlobalDairyTrade auction results give support to the forecast of a $6.40 milk price for farmers - and possibly even a bit better - this season
7th Feb 18, 11:17am
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Latest GlobalDairyTrade auction results give support to the forecast of a $6.40 milk price for farmers - and possibly even a bit better - this season
Fonterra cuts 2017/18 forecast Farmgate Milk Price by 35 cents to $6.40 per kgMS reflecting 'prudent approach to ongoing volatility' in the global dairy market
7th Dec 17, 9:27am
by admin
Fonterra cuts 2017/18 forecast Farmgate Milk Price by 35 cents to $6.40 per kgMS reflecting 'prudent approach to ongoing volatility' in the global dairy market
Fonterra hit with $183m damages bill over precautionary infant formula recall; Danone sees decision as 'guarantee that the lessons from the crisis will not be forgotten'
1st Dec 17, 10:53am
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Fonterra hit with $183m damages bill over precautionary infant formula recall; Danone sees decision as 'guarantee that the lessons from the crisis will not be forgotten'