Ask me, Fonterra should have stayed in Hamilton closer to their suppliers. Becoming clear the whole structure has failed. Go back to a competitive processing industry and a co-operative Dairy Board. Still works well for kiwifruit.
Do you research on everything well documented IMHO.
How long until Fonterra gets broken up?? Serial underperformer, and the smaller/nimbler companies are running rings around them. Obviously any economy of scale is not working for them - and the perception is that it is a bloated beast. Beingmate is a disaster, just have this botulism issue being tidied up etc etc etc.
Need a few more ads with Richie in them......that will change public/investor opinion......
The press over the last couple of days appear to be apportioning blame for the recent results solely to the outgoing CEO. While no doubt he was a significant factor the new CEO and Chairman were very much part of the company's management and governance yet seem to be being portrayed and the fresh broom. I for one am not a believer.
The press over the last couple of days appear to be apportioning blame for the recent results solely to the outgoing CEO. While no doubt he was a significant factor the new CEO and Chairman were very much part of the company's management and governance yet seem to be being portrayed and the fresh broom. I for one am not a believer.
although its the board and ceo who set the strategy etc .... the board probably need to cleaned out as the ceo gone
Originally Posted by Jaa
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