Wednesday, 23 June 2021 10:55

LIC boss to step down

Written by  Staff Reporters
LIC chief executive Wayne McNee will step down in November. LIC chief executive Wayne McNee will step down in November.

LIC chief executive Wayne McNee will leave the farmer-owned co-operative in November after eight years in the role.

LIC chair Murray King says McNee advised the board of his intention to stand down.

King says McNee has led the organisation through a period of significant growth and development across all areas of the business while delivering strong shareholder returns.

"Over the past year, Wayne and his leadership team led LIC through the challenges of Covid-19 and the co-op is on track to deliver record results for the fourth consecutive year."

McNee joined LIC after a stint as Ministry for Primary Industries director-general.

He is proud of what LIC has achieved over the past eight years.

"In particular the transformation of the business into a modern progressive co-operative, with significant improvements to the way LIC operates, major investment in digital capability and delivery, and working closely with the board to implement a share structure that is fit for purpose.

"I am proud to be leaving LIC in great shape for the future, which is critical given its role as the DNA of the New Zealand dairy sector. LIC is a unique agri-technology company which adds huge value to the New Zealand economy, and is increasingly playing a role helping farmers deal with the environmental challenges they face," McNee said.

King says the board will commence a search for a replacement immediately and expects a good talent pool of both internal and external candidates.

More like this

Some LIC services to continue

Herd improvement company LIC says some of its services are deemed essential and will continue during the Level 4 lockdown.

Beaming with Beamer

It was all smiles earlier this year when LIC announced the latest bull to be added to its Hall of Fame at the co-operative's Newstead headquarters.


Have your say

DairyNZ says it will complete a submission on both the winter grazing and the freshwater farm plan consultations, providing firm…

Machinery & Products

Effluent injection goes XL

Dutch effluent specialist Vredo is testing 15 and 18-metre wide slurry injection rigs for the upcoming 2022 spreading season.

Choosing the right pump

Choosing the right pump for an effluent system is the key to ensuring a system works well and gives many…

Spreading muck with ease

Palmerston North headquartered Strautmann Hopkins Ltd imports the extensive range of Strautmann Muck Spreaders for farmers and contractors, built by…

» The RNG Weather Report

» Latest Print Issues Online

Milking It

Liquid or powder?

Fonterra, the biggest exporter of milk powder to Sri Lanka, may have a new battle on its hands.

Failed legal action

UK vegan and animal rights groups have failed in a bid to ban an advertising campaign promoting meat and dairy…

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter