RESEND: Delegat managing director Graeme Lord to step down in July 2018

(Removes garble in final paragraph to show shares fell)
By Jonathan Underhill
Aug. 10 (BusinessDesk) - Delegat Group, New Zealand's largest listed winemaker, said managing director Graeme Lord will step down in July 2018 after four years in the role and 19 years with the company.
"With this advance notice, we are well placed to undertake an executive search process and manage a seamless transition to a new managing director,” said executive chairman Jim Delegat, who said Lord played has played a key role in the company's global success...
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