Delegat managing director Graeme Lord to step down in July 2018

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.

 Last month Delegat lifted its guidance for operating profit and said it had achieved record case sales of 2.656 million cases, beating its own target.

The shares fell 2.9 percent to $6.80 and have gained almost 20 percent in the past 12 months.

(BusinessDesk)

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

RYM - Refreshed strategy and new capital management framework
ENS - Clarification of Gina Tuzcet’s status
BGP - 4th Quarter Sales to 25 January 2026
Contact Energy 2026 Half Year Results Presentation
February 2nd Morning Report
VHP - Half year results announcement date and webcast details
Devon Funds Morning Note - 30 January 2026
AIA - Auckland Airport new board appointment
General Capital (GEN:NZ) Subsidiary General Finance Update
January 30th Morning Report