Fonterra CEO Theo Spierings paid $8.32m this yearFonterra CEO Theo Spierings was under fire two years ago when it was revealed he earned $5m. Fonterra chief executive Theo Spierings earned a total of $8.32 million in 2017, a 57 per cent jump from last year. Spierings is not the only big earner in New Zealand's largest company, with 23 other executives receiving up to $1m for their efforts. READ MORE:* Fonterra CEO Theo Spierings' salary freeze offer too late, farmers say* Fonterra boss Theo Spierings gets up to 18 per cent pay riseA Fonterra spokesman said Spierings took a voluntary pay freeze on his salary in 2015, and that had remained the same. Federated Farmers vice-president Andrew Hoggard, himself a Fonterra supplier, said it would be useful to know what Spierings' counterparts in leading international dairy companies earned.

Source: Stuff September 24, 2017 23:48 UTC