Cut with care
OPINION: The new government has clearly signalled big cuts across the public service.
Fonterra remains committed to its strategy to 2030 unveiled last year, says chief executive Miles Hurrell.
Fonterra's plan to return $1 billion to farmer shareholders and unit holders within two years remains on track.
A strong result in a year like no other is how Fonterra chief executive Miles Hurrell is describing the co-operative's annual results.
Fonterra has announced that Chris Rowe will take over as the co-operative’s acting chief financial officer.
Fonterra has updated its earnings guidance for the 2022 financial year that ended on 31 July 2022, indicating that earnings will be towards the top end of its current guidance of 25 – 35 cents per share.
Fonterra has completed a revamp of its executive management team with the appointment of Emma Parsons in the new role of managing director strategy and optimisation.
OPINION: The new government has clearly signalled big cuts across the public service.
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