LIC ends year with $30.6m profit
Herd improvement company LIC has ended the 2024-25 financial year in a strong position - debt-free and almost quadrupling its net profit.
Gillooly comes to the role having previously been the director operations, agriculture and investment services at the Ministry for Primary Industries (MPI).
NZYF board chair Chloe Jones says that as a grassroots organisation, the chief executive role at NZYF involves agility in a unique range of topics on any given day, and a diverse skillset to match.
“Like any Not-for-Profit organisation, we have challenges ahead, however with challenges come opportunity,” says Jones.
“Cheyne brings a wealth of experience with him – in stakeholder relations, strategic management and financial expertise,” she says. “These will position him well to lead the next phase of NZ Young Farmers towards its vision.”
Gillooly says he’s excited to step into the role and work with an organisation that plays an important role in shaping the future of New Zealand’s agricultural sector.
“I am excited to join an organisation with a proud legacy and an important role to play in the future of the sector,” he says.
“I look forward to working alongside the team, the board, members and stakeholders to lead the NZYF into the future it deserves.
Gillooly takes over from Lynda Coppersmith who announced she would be resigning from the role in February.
