Beef + Lamb New Zealand’s (B+LNZ) Mid-Season Update 2019-20 has a positive outlook for New Zealand’s sheep and beef exports.
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.