News | Rural
7 Jun 2020 8:27
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  •   Home > News > Rural

    Longstanding Fonterra chairman, John Monaghan, is stepping down from the dairy co-operative's board

    Longstanding Fonterra chairman, John Monaghan, is stepping down from the dairy co-operative's board


    Fonterra
    Fonterra
    Monaghan's been a Director for more than a decade - seeing through the introduction of a new strategy, operating model, and progress in debt reduction efforts.

    The Country's Jamie MacKay says it doesn't come as a complete surprise.

    Monaghan will leave at the of end of his current three-year term in November.

    © 2020 Newstalk ZB, NZCity


     Other Rural News
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     21 May: Fonterra is on course to inject 11 billion dollars into the economy this year
     05 May: People made redundant from Covid 19 are the target of farmers with jobs to fill on dairy farms
     24 Apr: Dairy giant Fonterra is persisting with its fifteen to twenty cents share forecast in spite of Covid 19's impact on milk trading
     14 Apr: Dairy farmers are facing a dismal milk 5 dollars 60 a kilogram payout forecast next season - because of the coronavirus crisis
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