New Zealand Sign Language Week Highlights Inclusion at Fonterra Clandeboye
Last week marked New Zealand Sign Language Week and a South Canterbury tanker operator is sharing what it's like to be deaf in a busy Fonterra depot.
Fonterra chair John Wilson says there has been “a complete misunderstanding” over the pay increase for the co-op’s chief executive.
Wilson says Theo Spierings’ base salary was frozen last month at his own request.
He says the $750,000 increase reported last month in its 2014-15 annual accounts was related to performance incentive payment for the previous year, when the payout to farmers was a record $8.40/kgMS.
Wilson, who attended farmer meetings with Spierings last week, says they were “front footing” the issue and explaining to farmers.
Many Fonterra farmers are struggling to make ends meet; low dairy prices have slashed farmgate returns.
Fonterra last week disclosed that Spierings earned between $4.93 million and $4.94 million in the year to July 31, 2015, up from $4.17m to $4.18m in the previous year.
The company does not disclose Spierings’ base salary, but it is understood to be close to $4m.
Wilson says the incentive payment to Spierings was made in October 2014, after the successful 2013-14 season.
“Although it was reported in the last financial year statements, the actual payment was made a year earlier,” he told Rural News.
He says Spierings and the management realise the challenging times faced by farmers.
“Theo came to the board sub-committee and asked that his salary be frozen for this year. It’s very unfortunate that this has been misrepresented in some media.
Healthy snacking company Rockit has announced Wang Yibo, one of China's most influential celebrities, as its new brand ambassador.
Rabobank has celebrated the tenth anniversary of its AgPathways Programme, with 23 farmers from Otago and Southland gathering for two-and-a-half days to learn new business management and planning skills.
Adopting strategies to reduce worm burden on farm goes hand-in--hand with best practice farm management practices to optimise stock production and performance, veterinarian Andrew Roe says.
Last night saw the winners of the 2026 Beef + Lamb New Zealand (B+LNZ) Awards named at a gala dinner at Te Pae Christchurch Convention Centre.
A 12-month pathway programme has helped kickstart a career in dairy for an 18-year-old student-turned-farmer.
Zespri says its global fruit sales revenue has reached a record NZ$5.9 billion from sales of 248.1 million trays.