16 August 2013
Fonterra Places Two Senior Managers on Leave
Fonterra today announced that two senior managers have been placed on leave, effective immediately, as it continues its
internal operational investigation into the circumstances surrounding the recent precautionary recall of whey protein
concentrate.
Fonterra Chief Executive, Theo Spierings, said, “We are moving quickly and establishing key facts about what has
happened and, as they emerge, we are taking appropriate action.”
Mr Spierings said that placing the two on leave did not pre-empt the findings of the operational review and they will
continue to be involved in the ongoing investigation.
The internal operational review will be completed by the end of the month and is looking into the transparency of
information in the business, and how that information is escalated to the appropriate levels.
Fonterra’s Board of Directors is continuing a separate inquiry and the findings from the operational review will be
shared with them.
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