Herd production performance soars
New data released by LIC and DairyNZ shows New Zealand dairy farmers have achieved the highest six week in-calf rate and lowest notin- calf rate on record.
Farmer co-op LIC is to appoint Abigail (Abby) Foote as a new director.
The appointment, to be ratified at LIC's annual meeting on October 22, has been recommended by the board.
Foote, a professional director, will replace Jason Dale who retires from the board after a six-year stint.
Foote is currently a director and chair of the audit and risk committees of Z Energy Limited, BNZ Life Insurance Limited and the New Zealand Local Government Funding Agency and is a director of Transpower New Zealand.
Recommending Foote to shareholders, LIC's board says she has "a strong analytical and strategic focus, coupled with a critical awareness of corporate governance and risk management".
"With qualifications in both law and accounting, Abby's career has straddled both disciplines, focusing on corporate finance and commercial transactions.
"She has a breadth of experience in a number of diverse areas including mergers and acquisitions, treasury and structured finance transactions, telecommunications, management of large projects and strategic development and implementation."
If elected, Foote will chair LIC's audit, finance and risk committee.
The LIC board can invite up to three people to serve on the board.
LIC's annual meeting will be held in Hamilton.
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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.
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