fbpx
Print this page
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

Next generation of DNA testing

Herd improvement co-operative LIC is combining its DNA parentage testing and genomic evaluation services into one convenient service to help farmers identify their highest genetic merit animals.

All in the family

Taking over the chairmanship of LIC feels like a generational responsibility for Tākaka farmer Corrigan Sowman.

Featured

Dairy sheep and goat turmoil

Dairy sheep and goat farmers are being told to reduce milk supply as processors face a slump in global demand for their products.

Hurry up and slow down!

OPINION: We have good friends from way back who had lived in one of our major cities for many years.

Editorial: Passage to India

OPINION: Even before the National-led coalition came into power, India was very much at the fore of its trade agenda.

National

Govt urged to reduce ETS units

The Climate Change Commission wants the new Government to reduce NZ Emissions Trading Scheme (ETS) auction volumes as son as…

Dairy sheep, goat woes mount

Dairy sheep and goat farmers are being told to reduce milk supply as processors face a slump in global demand…

Machinery & Products

All-terrain fert spreading mode

Effluent specialists the Samson Group have developed a new double unloading system to help optimise uphill and downhill organic fertiliser…

Can-Am showcases range

Based on industry data collected by the Motor Industry Association, Can-Am is the number one side-by-side manufacturer in New Zealand.