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Gerard Hutching on Muck Rack

Gerard Hutching

Verified
Wellington
As seen in: Penguin Random House, Stuff.co.nz, Manawatū Standard, The Marlborough Express, The Nelson Mail, The Southland Times, The Timaru Herald, The Press (New Zealand), The Waikato Times, eDairy News, Franklin News Weekly
Husband, dad, ex-rugby player, occasional marathon runner, reluctant commuter, sales and marketing enthusiast. Re-Tweets not endorsements
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Articles

Fonterra is struggling to hire a new CEO

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By Gerard Hutching Verified
| businessinsider.com.au
It’s the $5 million a year job that no-one wants. Several top Kiwi chief executives have been approached for the top job at Fonterra, New Zealand’s largest company with a turnover of $19.2 billion. It is understood one came close to inking the deal but at the last minute had misgivings and spurned the dairy giant’s advances.
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US-China trade tensions count as dairy prices tumble 5 per cent

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By Gerard Hutching Verified
| eDairy News Verified
Average prices tumbled by 5 per cent per cent to reach US$3232 (NZ$4778), the most dramatic decrease seen in the index this year. The price for New Zealand’s key export whole milk powder (WMP) was US$2905, a fall of 7.3 per cent. Futures markets had suggested WMP might fall by 1 per cent. ASB rural analyst Nathan Penny said dairy markets were nervous and last night’s fall in dairy auction prices reflected the nervousness.
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Fonterra calls for an immediate trading halt

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By Gerard Hutching Verified, Gerald Piddock Verified
| businessinsider.com.au
Fonterra has requested an immediate trading halt to the Australasian stock markets as it considers the outcome of its arbitration with Danone seeking $980 million from the dairy giant as a result of a botulism scare. Danone has made two claims, one to be decided by a New Zealand tribunal, the other a Singaporean. A Fonterra spokeswoman could not reveal whether only one or both were to be announced on Friday. The dairy giant recalled whey protein concentrate as a precaution in 2013.
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