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MoneyTalks - > Money Talks -> Dairy $ drama...
Dairy $ drama...

Dairy Farmers of America recently alerted members that two (former) top executives spirited away $1 million. Unauthorized, like.

 

This happened in 2001, when the trade group's former CEO, Gary Hanman, allegedly had the cool mill transferred to former board chair Herman Brubaker, without board approval.

 

The money has been returned, the group's letter to members says, but they're investigating. It's not clear when they learned about the deal.

 

I'm not sure where to post this but since we have lots of local dairy farmers I thought someone might like to know if they haven't already seen the letter. You should be able to download the PDF by clicking on the blue box.

 

-- Gretchen Wenner, staff writer

 

 

Posted in these Groups:
Topics: dairy, Dairy Farmers of America, unauthorized funds, $1 million
posted by MoneyTalks on Monday, May 12, 2008 at 06:27 PM
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posted by frankc29 on May 12, 2008 at 11:56 PM

While alarming, I'm sure that most dairy farmers are more concerned with efforts of California law makers and environmental lobbyists and their lawyers trying to regulate and legislate them out of existence. Which is ironic, since most lattes, by deffinition, contain milk as a key ingredient.


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