Dairy giant Fonterra Co-operative Group Ltd <FCG.NZ> Chairman John Monaghan has confirmed he will retire as a director of the co-operative in November.
Last September, Monaghan had said he was due to retire by rotation when his current three-year term ends at the 2020 annual meeting in November.
Fonterra said the board's current plan was to announce a chair-elect by no later than August this year.
(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Krishna Chandra Eluri)
