Fonterra Co-operative Group Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Miles Hurrell
Chief executive officer
NZ$5.9m
Total compensation
| CEO salary percentage | 41.5% |
| CEO tenure | 6.4yrs |
| CEO ownership | n/a |
| Management average tenure | 3.3yrs |
| Board average tenure | 6.1yrs |
Recent management updates
Recent updates
Here's Why Fonterra Co-operative Group (NZSE:FCG) Has A Meaningful Debt Burden
Dec 06
Shareholders May Not Be So Generous With Fonterra Co-operative Group Limited's (NZSE:FCG) CEO Compensation And Here's Why
Nov 07Fonterra Co-operative Group Limited (NZSE:FCG) Soars 27% But It's A Story Of Risk Vs Reward
Oct 24Market Still Lacking Some Conviction On Fonterra Co-operative Group Limited (NZSE:FCG)
Sep 06Further Upside For Fonterra Co-operative Group Limited (NZSE:FCG) Shares Could Introduce Price Risks After 32% Bounce
May 23These 4 Measures Indicate That Fonterra Co-operative Group (NZSE:FCG) Is Using Debt Reasonably Well
Apr 29Take Care Before Diving Into The Deep End On Fonterra Co-operative Group Limited (NZSE:FCG)
Jan 05Should You Be Adding Fonterra Co-operative Group (NZSE:FCG) To Your Watchlist Today?
Nov 30Increases to CEO Compensation Might Be Put On Hold For Now at Fonterra Co-operative Group Limited (NZSE:FCG)
Nov 02Fonterra Co-operative Group (NZSE:FCG) Has A Pretty Healthy Balance Sheet
Sep 23Here's Why Fonterra Co-operative Group (NZSE:FCG) Has Caught The Eye Of Investors
Aug 01Fonterra Co-operative Group (NZSE:FCG) Has A Somewhat Strained Balance Sheet
Jun 25Does Fonterra Co-operative Group (NZSE:FCG) Deserve A Spot On Your Watchlist?
May 03Fonterra Co-operative Group (NZSE:FCG) Has A Somewhat Strained Balance Sheet
Mar 17These 4 Measures Indicate That Fonterra Co-operative Group (NZSE:FCG) Is Using Debt Extensively
Dec 14Fonterra Co-operative Group's (NZSE:FCG) Dividend Will Be NZ$0.15
Sep 25Is Fonterra Co-operative Group (NZSE:FCG) Using Too Much Debt?
Jun 29Does Fonterra Co-operative Group (NZSE:FCG) Have A Healthy Balance Sheet?
Mar 30A Look At The Fair Value Of Fonterra Co-operative Group Limited (NZSE:FCG)
Oct 28We Think Fonterra Co-operative Group (NZSE:FCG) Is Taking Some Risk With Its Debt
Jul 06If You Like EPS Growth Then Check Out Fonterra Co-operative Group (NZSE:FCG) Before It's Too Late
May 02Is Fonterra Co-operative Group Limited (NZSE:FCG) A Smart Pick For Income Investors?
Apr 17Estimating The Intrinsic Value Of Fonterra Co-operative Group Limited (NZSE:FCG)
Mar 18We're Not Counting On Fonterra Co-operative Group (NZSE:FCG) To Sustain Its Statutory Profitability
Jan 29Fonterra Co-operative Group (NZSE:FCG) Takes On Some Risk With Its Use Of Debt
Jan 03Fonterra Co-operative Group Limited's (NZSE:FCG) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Dec 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jul 31 2024 | NZ$6m | NZ$2m | NZ$1b |
| Apr 30 2024 | n/a | n/a | NZ$1b |
| Jan 31 2024 | n/a | n/a | NZ$1b |
| Oct 31 2023 | n/a | n/a | NZ$1b |
| Jul 31 2023 | NZ$5m | NZ$2m | NZ$1b |
| Apr 30 2023 | n/a | n/a | NZ$2b |
| Jan 31 2023 | n/a | n/a | NZ$829m |
| Oct 31 2022 | n/a | n/a | NZ$725m |
| Jul 31 2022 | NZ$4m | NZ$2m | NZ$621m |
| Apr 30 2022 | n/a | n/a | NZ$568m |
| Jan 31 2022 | n/a | n/a | NZ$527m |
| Oct 31 2021 | n/a | n/a | NZ$519m |
| Jul 31 2021 | NZ$4m | NZ$2m | NZ$511m |
| Apr 30 2021 | n/a | n/a | NZ$516m |
| Jan 31 2021 | n/a | n/a | NZ$521m |
| Oct 31 2020 | n/a | n/a | NZ$676m |
| Jul 31 2020 | NZ$2m | NZ$2m | NZ$830m |
| Jan 31 2020 | n/a | n/a | NZ$463m |
| Oct 31 2019 | n/a | n/a | NZ$195m |
| Jul 31 2019 | NZ$2m | NZ$1m | -NZ$74m |
Compensation vs Market: Miles's total compensation ($USD3.31M) is above average for companies of similar size in the NZ market ($USD2.12M).
Compensation vs Earnings: Miles's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Miles Hurrell
6.4yrs
Tenure
NZ$5,924,782
Compensation
Mr. Miles Hurrell has been Director at Global Dairy Platform. Mr. Hurrell serves as Chief Executive Officer of Fonterra Co-Operative Group Ltd since March 2019. He served as Interim Chief Executive Officer...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 6.4yrs | NZ$5.92m | no data | |
| Chief Financial Officer | less than a year | no data | no data | |
| Chief Operating Officer | 1.6yrs | no data | no data | |
| Managing Director of People & Culture | 3.3yrs | no data | no data | |
| Managing Director of Co-operative Affairs | 8.6yrs | no data | no data | |
| Managing Director of Global Consumer & Foodservice | 9.6yrs | no data | no data | |
| Chief Innovation & Brand Officer | 3yrs | no data | no data | |
| President Global Markets Ingredients | less than a year | no data | no data | |
| Chief Executive Officer of Fonterra Greater China | 5.1yrs | no data | no data | |
| Director of Capital Markets and M&A | no data | no data | no data | |
| General Manager of Capital Markets and Investor Relations | no data | no data | no data |
3.3yrs
Average Tenure
Experienced Management: FCG's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 7.2yrs | NZ$206.98k | 0.026% NZ$ 1.8m | |
| Independent Director | 4.7yrs | NZ$231.17k | no data | |
| Independent Director | 8yrs | NZ$258.07k | no data | |
| Chairman of the Board | 6.2yrs | NZ$492.14k | no data | |
| Director | 7.2yrs | NZ$231.38k | 0.12% NZ$ 8.4m | |
| Independent Director | less than a year | no data | no data | |
| Director | 3yrs | NZ$231.71k | 0.015% NZ$ 1.0m | |
| Director | 4.2yrs | NZ$231.71k | 0.051% NZ$ 3.5m | |
| Member of Shareholders Council | 9yrs | no data | no data | |
| Member of Shareholder Council | 8yrs | no data | no data | |
| Member of Shareholders Council | 6.1yrs | no data | no data | |
| Director | 6.1yrs | NZ$207.32k | no data |
6.1yrs
Average Tenure
Experienced Board: FCG's board of directors are considered experienced (6.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 06:50 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/07/31 |
| Annual Earnings | 2024/07/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Fonterra Co-operative Group Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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