Illness sees Fonterra chair John Wilson replaced by John Monaghan

Thu, 26 Jul 2018

By Tina Morrison July 27 (BusinessDesk) - Fonterra Cooperative chair John Wilson has stood down from the role heading the country's largest dairy processor with immediate effect as he recovers from a "serious health scare". Wilson, who has undergone a significant surgery in the past month and requires ongoing treatment, will remain a Fonterra director until the cooperative’s annual meeting in November, when he will retire from the board, the Auckland-based company said in a statement. Fonterra's board has selected John Monaghan, who has b...

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