Hurrell named permanent CEO
Date 03.05.2019 | Category: News
Fonterra announced the permanent appointment of Miles Hurrell as its Chief Executive Officer (CEO), with immediate effect. Hurrell had been the Co-operative’s Interim CEO since August last year and he first joined Fonterra in the year 2000. Before taking up the role of interim CEO, Mr Hurrell was the Co-operative’s Chief Operating Officer of Farm Source – the unit responsible for working directly with the Co-op’s farmer-owners.
Hurrell will be paid a base salary of $1.95 million, with additional short and long-term incentive payments based on the achievement of targets agreed with the Board.Source: FonterraAuthor: Sossna