Two LIC directors not seeking re-election
Two long-standing LIC farmer-elected directors are stepping down later this year.
Former LIC boss Mark Dewdney is the new chief executive of PGG Wrightson (PGW).
Dewdney, who left LIC earlier this year, starts on July 1. He replaces George Gould, who recently stepped down as managing director.
PGW chairman, Sir John Anderson says Dewdney brings impressive qualifications for leading an agricultural business such as PGW.
"We are pleased to have him join the company. In addition to his record of success at LIC, he has spent years in leadership positions in New Zealand and Asia at global dairy giant Fonterra Group.
"His experience is hands-on as well, through his ownership of dairy farms in both New Zealand and Australia."
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