Hurrell Resignation: No Bonus or Golden Handshake for Fonterra CEO
Fonterra is rejecting New Zealand First's claim that outgoing chief executive Miles Hurrell is in line for a 'golden handshake'.
Outgoing Fonterra executive Robert Spurway has been appointed as managing director of listed Australian company GrainCorp.
Spurway takes up his new role in 2020 after completion of the planned demerger of GrainCorp’s Malt business.
Spurway, Fonterra’s chief operating officer, is leaving the co-op. It was announced in September that he has decided to leave after eight years as an executive manager.
A statement from GrainCorp says Spurway has more than 25 years’ experience in the food and dairy industries, including multiple senior operational roles with both Fonterra and Goodman Fielder Australia: he has also held CEO roles Salad Fresh and Mrs Crocket’s Kitchen.
He will be relocating to Sydney from Christchurch and will commence work following GrainCorp shareholder and Court approval of the demerger of GrainCorp’s Malt business.
GrainCorp chairman, Graham Bradley says the board was delighted to announce the appointment of Spurway, following an extensive local and international search process.
“GrainCorp’s board is very pleased that Robert has accepted the role as the next managing director and chief executive officer of GrainCorp after completion of the demerger,” Bradley said.
“Robert is a proven leader who brings extensive experience in the food and dairy industries, both through operational and executive leadership roles.”
Specialist agriculture lender Oxbury has entered the New Zealand market, offering livestock finance to farmers.
New research suggests Aotearoa New Zealand farmers are broadly matching phosphorus fertiliser use to the needs of their soils, helping maintain relatively stable nutrient levels across the country’s agricultural land.
Helensville farmers, Donald and Kirsten Watson of Moreland Pastoral, have been named the Auckland Regional Supreme Winners at the Ballance Farm Environment Awards.
Marc and Megan Lalich were named 2026 Share Farmers of the Year at last night's Canterbury/North Otago Dairy Industry Awards.
William John Poole, a third year Agribusiness student at Massey University, has been awarded the Dr Warren Parker and Pāmu Scholarship.
The most outstanding CNH dealers from across Australia and New Zealand for the past year have been revealed, with two New Zealand dealerships amongst the major winners.