Friday, 14 February 2020 10:06

Pay rise for B+LNZ directors

Written by  Staff Reporters
Andrew Morrison. Andrew Morrison.

Beef + Lamb NZ directors are in line for a pay rise this year.

A resolution calling for an increase in total director fees is before livestock farmers.

The resolution recommends a 4% increase in the chairman’s fee and 2% rise in director fee: it also proposes a $20,000 pool for additional responsibility taken on by directors.

According to B+LNZ 2019 annual report, board chairman Andrew Morrison received $70,000; each director received $30,000.

Voting is now open: results will be announced at B+LNZ annual meeting in New Plymouth on March 26.

Another resolution before levy-paying farmers is appointing KPMG as auditor for this financial year.

To be eligible to vote, a livestock farmer must, on 30 June 2019, have owned at least 250 sheep, or 50 beef cattle, or 100 dairy cattle

There are no director elections this year: sitting directors Andrew Morrison (Southern South Island) and George Tatham (Eastern North Island) are being returned unopposed.

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