The Hound remembers Monaghan from his time as head of the Fonterra shareholders council (just like Wilson was before him – which makes it hard to ever see the SHC shake its reputation as the dairy co-op’s lapdog and just a training ground for future directors). Even though your old mate is getting long in the tooth, he remembers Monaghan spending most of his time on the council walking round looking as though he had swallowed a bucket of sour milk, which earned him the moniker ‘Grumpy’ John. It will be interesting to see how ‘Grumpy’ John gets along with the Government and its plans to change the DIRA regulations and legislation that will govern how Fonterra is run in the future.
