Salary overpayment
I agree with your correspondent D. Fredericksen, (October 9) that on the whole councillor Merepeka Raukawa-Tait's columns are positive.
However, I beg to differ with her most recent column (October 6) on the salary of "$8m dollar man", CEO of Fonterra Theo Spierings.
We are yet to learn the response of NZ farmers to news of this "staggering salary". I believe however that, bearing in mind many farmers are struggling, they cannot be overly impressed.
I am disappointed that Ms Raukawa-Tait condones this gross salary, implying that he deserves it. In my view, this mindset serves to perpetuate the growing gap between the "haves and the have-nots" in New Zealand, which is rated as the highest in the OECD countries.
It is to be hoped that Fonterra's shareholders will vehemently oppose what is, in my view, a gross overpayment to a CEO, irrespective of what Ms Raukawa-Tait believes to be his many talents.