Tainted dairy stocks removed from market: Fonterra CEO

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A woman browses for milk powder at a stand with a food recall notice from Nutricia in a supermarket in HuntlyBy Naomi Tajitsu WELLINGTON (Reuters) – The chief executive of New Zealand's Fonterra said his future was up to the board of the world's biggest dairy exporter after human error resulted in some of its products being contaminated and shipped around the world. Theo Spierings, a Dutchman and dairy industry veteran, sought on Wednesday to reassure customers and worried parents who feed their infants with formula milk made from Fonterra's whey protein concentrate, saying all tainted stocks had been taken out of the market and there was now little or no risk to consumers. …

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