Former Zespri chair in box seat to replace Fonterra's Monaghan

Former Zespri chair in box seat to replace Fonterra's Monaghan
Paul McBeth
Fonterra Cooperative Group chair John Monaghan will retire from the Fonterra board in November, with former Zespri chair Peter McBride the most obvious successor to oversee New Zealand's largest multi-national business.The world’s biggest dairy exporter said it plans to announce a chair-elect no later than August, and noted that the successor has to be a farmer-director.Monaghan (pictured left) will have spent 11 years on the Fonterra board when he steps down, picking up the reins when predecessor John Wilson took ill in 2018. He's overseen the...

More Primary Sector

Synlait shares slump 11% even as outlook brightens
Primary Sector

Synlait shares slump 11% even as outlook brightens

The market is disappointed about manufacturing challenges. 

Rebecca Howard 30 Jul 2025
Want to double exports? Good luck with that
Primary Sector

Want to double exports? Good luck with that

International shipping lines say NZ needs to urgently address port productivity. 

Oliver Lewis 30 Jul 2025
Cannasouth heading for liquidation, receiver says
Primary Sector

Cannasouth heading for liquidation, receiver says

General security agreement holders are owed over $2.53m.

Gregor Thompson 29 Jul 2025
Bremworth says costs clipped and focus now on sales growth
Primary Sector

Bremworth says costs clipped and focus now on sales growth

The carpet maker's full-year results are due next month.

Riley Kennedy 28 Jul 2025