Tag Archives: fonterra

What NZ CEOs are paid

It’s difficult to be positive about the obscene salaries these people receive. Especially in light of Rogernomics & the Neo-lib disaster that destroyed so many people. And continues to do so. Great idea for those at the top, not so for those at the bottom. Of course it was a scam & in my opinion never intended to benefit everybody. We can see who it is benefiting right in plain sight here.

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From the NZ Herald

Chief executives at New Zealand’s biggest companies got a 2.2 per cent pay rise last year, taking their average earnings to $1,755,352 in the 2017 financial year.

It was the second-smallest increase in the 13-year history of the Business Herald’s CEO pay survey.

The survey covers the top 50 companies listed on the sharemarket, with the exception of some property firms whose management structure makes it difficult to calculate CEO pay, and the addition of Fonterra because of its size, and Herald publisher NZME, included in the interests of transparency.

Fifteen executives experienced earnings declines last year, compared with nine recorded in the previous year’s survey. The 2.2 per cent average increase was the lowest on record, apart from 2011, when average CEO pay fell by 0.4 per cent.

While CEO earnings increases were modest compared to some previous years, 38 of the 50 chief executives in the survey still received more than $1 million in remuneration, and their average was 55 times the median annual income Kiwis received in that year, recorded at $31,928, according to Statistics NZ.

The average CEO increase was in line with the 2.3 per cent rise Kiwis received last year.

Former Fonterra boss Theo Spierings was the highest-paid executive last year. Spierings, who stepped down last month, received $8.3m for the 2017 financial year, up from $4.66m he received a year earlier.

READ MORE at the link (graphs & figures included)

https://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=12134854

 

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Warning: New Zealand Government And Big Banks In Collusion For Farm Land Grab: The Same Scam As Run In The United States And Australia

March 11 2016 | From: WakeUpKiwi / Various

We are about to see the mass sell off of NZ farms. And 95% of them will go to foreigners under the TPPA- timed to perfection of course. You are now watching the United Nations Agenda 21 / Agenda 2030 bei…. Wake up. Share this information.

What you have seen happen in Auckland in the past 15-20 years was just the start- a test bed. The evidence here is irrefutable.

Related: Fonterra Drops Forecast Milk Payout

Possibly the most painful part of this will be watching all of the big bank / corporate sponsored ‘experts’ in the filthy corrupt media & Government try and explain it all away in terms of “interest rates” and “market forces”. Farmers are enticed into taking out loans at low interest rates which are then intentionally later raised, in a blatantly criminal plan to seize land. It worked in the US. Copy and paste in Australia. And now copy and paste in New Zealand.

New Zealand company Fonterra is the worlds largest dairy exporter, exporting products to over 100 countries

The truth is, it is an agenda planned even before the inception of Fonterra, specifically for this end goal – the ‘Globalization’ of our land and all of our natural resources – using rigged (Libor) interest rates, market manipulations, fake printed debt and various other financial frauds.

READ MORE