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

Thu, 05 Mar 2020

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...

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