Government invests $8 million in LIC methane research to reduce dairy emissions
The Government has announced it has invested $8 million in lower methane dairy genetics research.
Farmer co-operative LIC says its search for a new chief executive has been impacted by current restrictions imposed by Covid-19.
It has made an acting appointment: chief financial officer David Hazlehurst takes over as chief executive on December 1.
Chairman Murray King says the board has made good progress with the recruitment.
"We have been impressed by a number of high calibre applicants, however Covid-19 restrictions have impeded our ability to complete this process, so as an interim measure we are appointing David Hazlehurst in an acting capacity."
Hazlehurst joined LIC in 2019. Prior to that he was chief financial officer for Zespri and before that held various senior finance management roles with NZ Steel, Lion Nathan, Oxygen Business Solutions and Fonterra (in NZ and Germany).
King says appointing a chief executive is one of the most important jobs of a board.
"So, we will take the time to get it right. We know the co-op will be in good hands with David in the meantime."
Current chief executive Wayne McNee steps down on November 30 after nearly nine years in the role.
King says the board is grateful that Hazlehurst has agreed to assist when McNee ends his tenure.
"We wish Wayne all the very best with his future endeavours. The last eight years with Wayne have been a big eight years for LIC. He has led the business through a period of significant growth and transformation, and he leaves the co-op in good shape."
Agriculture and Forestry Minister, Todd McClay is encouraging farmers, growers, and foresters not to take unnecessary risks, asking that they heed weather warnings today.
With nearly two million underutilised dairy calves born annually and the beef price outlook strong, New Zealand’s opportunity to build a scalable dairy-beef system is now.
Graduates of a newly-updated Agri-Women’s Development Trust (AWDT) course are taking more value than ever from the programme, with some even walking away calling themselves the “farm CFO”.
Meet the Need, a farmer-led charity, says food insecurity in New Zealand is dire, with one in four children now living in a household experiencing food insecurity, according to Ministry of Health data.
Applications have now opened for the 2026 Meat Industry Association scholarships.
Bank of New Zealand (BNZ) says it is backing aspiring dairy farmers through a new initiative designed to make the first step to farm ownership or sharemilking easier.
OPINION: Voting is underway for Fonterra’s divestment proposal, with shareholders deciding whether or not sell its consumer brands business.
OPINION: Politicians and Wellington bureaucrats should take a leaf out of the book of Canterbury District Police Commander Superintendent Tony Hill.