LIC lifts half-year revenue on strong demand for dairy genetics
Herd improvement company LIC has posted a 5.2% lift in half-year revenue, thanks to increasing demand for genetics.
Shadbolt beat two other candidates - Kevin Argyle and Pamela Storey - and joined the co-operative's board at its annual meeting last week.
LIC shareholders also approved a resolution to increase the remuneration of LIC chair and board members - 75% voted for the resolution while 25% opposed it.
Shareholders also approved the appointment of Hamish Rumbold and Blair O'Keefe as appointed directors.
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