Latest / Early Edition with Ryan Bridge / Karl Dean: Federated Farmers Dairy Chair on Miles Hurrell resigning as Fonterra CEO

Transcript

Karl Dean: Federated Farmers Dairy Chair on Miles Hurrell resigning as Fonterra CEO · Early Edition with Ryan Bridge

• 0:00
  Speaker 1: Fonterra boss Miles Harrel has stood down yesterday. He's given
• 0:03
  Speaker 1: six months notice, been eight years in the role. Conflicting
• 0:06
  Speaker 1: opinions on his legacy, Niicola Willis says great Winston Peter
• 0:09
  Speaker 1: says he's a sellout. Carl Deen fed Farmer's dairy chair
• 0:11
  Speaker 1: with us this morning. Hey Carl, morning rong. So we
• 0:15
  Speaker 1: know what the politicians think because they're the first to
• 0:18
  Speaker 1: open their mouths. Of course, what do farmers think?
• 0:21
  Speaker 2: I think most Fonterra farmers are pretty happy with Myles' tenure.
• 0:26
  Speaker 2: He's taken the cop from what was when he took
• 0:29
  Speaker 2: on the job, almost a failing corporative and almost headed
• 0:33
  Speaker 2: towards partial foreign ownership, to being a very New Zealand
• 0:38
  Speaker 2: based corporative.
• 0:39
  Speaker 1: Again, what about the Winston comments? Do they resonate with farmers?
• 0:43
  Speaker 1: Do they put farmers off? After all, almost ninety percent
• 0:47
  Speaker 1: voted for the sale right.
• 0:50
  Speaker 3: Yes see, I think it was over eighty eight percent.
• 0:53
  Speaker 2: I don't think most farmers would believe what Winston hasn't say,
• 0:55
  Speaker 2: to be honest, because, like I just said, the fact
• 0:59
  Speaker 2: that when Myles took on the.
• 1:01
  Speaker 3: Role, the corporate was very globalist.
• 1:06
  Speaker 2: And now it's become very New Zealand centric, so you know,
• 1:09
  Speaker 2: there's very little production for Fonterra now happening overseas.
• 1:14
  Speaker 3: It's New Zealand milk. It's it's quite surprising that he's
• 1:17
  Speaker 3: making those comments.
• 1:19
  Speaker 1: Carl Riley Kennedy, who is from Business Desk, he's always
• 1:23
  Speaker 1: like listening to him and he has said Richard Allen,
• 1:25
  Speaker 1: Global Ingredients President, he's a potential contender internally known as
• 1:29
  Speaker 1: Golden Boy. Apparently he's a lifer at the co op,
• 1:32
  Speaker 1: fluent in Chinese and Mandarin. Matt Bolger, Managing Director co
• 1:36
  Speaker 1: Op Affairs, A couple of names been bandied about, all
• 1:38
  Speaker 1: seemed to be internal. Is that what do you think
• 1:40
  Speaker 1: the direction they should go in.
• 1:44
  Speaker 2: I think that the main direction that farmers would want
• 1:46
  Speaker 2: to see is that they bring similar values that Myles
• 1:50
  Speaker 2: has brought to the co Op in the last eight years.
• 1:52
  Speaker 2: So that's honesty and transparency. You know, we've been told
• 1:56
  Speaker 2: of spades a spade and that's what needs to continue.
• 2:00
  Speaker 1: Appreciate your time this morning. Karl Deane fed Farmer's Deary
• 2:03
  Speaker 1: Shed For more from.
• 2:04
  Speaker 2: Early edition with Ryan Bridge. Listen live to news talks.
• 2:08
  Speaker 2: It be from five a m week days, or follow
• 2:10
  Speaker 2: the podcast on iHeartRadio.