Meat co-op dilemma
Meat processor Alliance Group's cash-strapped farmer shareholders face a dilemma - either pour more money into the co-operative or risk losing 100% ownership and control.
Meat processor and exporter Alliance Group has appointed Mark Wynne as its new independent director.
Wynne, who is the chief executive of Ballance Agri-Nutrients, replaces Graeme Milne who will retire at Alliance’s annual meeting on December 16.
Alliance Group chair Murray Taggart says Wynne will bring strong skills to the board, due to his extensive experience in agribusiness, including 20 years in the dairy industry.
“Mark has significant experience in global sales and marketing, business transformation and co-operatives. We are looking forward to him making a valuable contribution to the board.”
Taggart also paid tribute to Milne and thanked him for his contributions to the Alliance Group over the past nine years in his role as a director.
The meat co-op’s annual meeting on December 16 will be hosted online due to COVID-19 restrictions. Farmer shareholders have been sent a formal notice of the meeting, which begins at 10:30am.
The low unemployment environment is one of the key factors driving on-farm salaries higher over the past 24 months, says Rabobank general manager for country banking Bruce Weir.
Fonterra has appointed a new chief financial officer, seven months after its last CFO’s shock resignation.
A seminar on rural dispute resolution has been organised at Lincoln University, Christchurch this month.
The legacy of Dr Peter Snow continues to inspire as the recipients of the 2023 and 2024 Peter Snow Memorial Awards were announced at the recent National Rural Health Conference.
One of Fonterra’s global customers, Mars is launching an ambitious sustainable dairy plan to work with dairy farmers and cut emissions by 50%.
Beef + Lamb New Zealand chief executive for the past eight years, Sam McIvor is heading for new pastures at Ospri, which runs NZ’s integrated animal disease management and traceability service.
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