FONTERRA CHAIRMAN Henry van der Heyden says the $8.2 million paid out to former chief executive Andrew Ferrier is not a ‘golden parachute’ deal. It is instead related to Ferrier’s performance during his eight-year stint at the co-op.

DAIRY INDUSTRY leaders are certain about one thing: uncertainty in the global dairy market.

FONTERRA EXPECTS the current squeeze in global milk supply to lift dairy prices in coming months. 

A SHARE trading scheme for Fonterra farmers has passed the parliamentary hurdle. However, some farmers are unhappy with the Government’s refusal to put a legislative cap on the co-op’s proposed shareholders fund.

DAIRY PRICES will continue to fluctuate as economic uncertainty grips the EU and the US, says Fonterra chairman Henry van der Heyden.

THE RE-ELECTION of a National-led Government has boosted Fonterra’s chances of sewing up the TAF (trading among farmers) proposal by the end of next year.

FONTERRA CHAIRMAN Henry van der Heyden is to step down next year. Van der Heyden says he will ensure a smooth transition for the new chairman to take over.

FONTERRA CHAIRMAN Henry van der Heyden is to get a 27% pay rise.

FONTERRA SHAREHOLDERS will not get another vote on the co-op's controversial proposed share trading scheme –TAF.

WHILE THE world is worried about a second global financial crisis (GFC 2), this isn't 2008/9 all over again, says Fonterra, following last week's 45c/kgMS cut in the milk price forecast.