Agnition announces new online sales channel
Ravensdown’s venture arm, Agnition, has announced a new online sales platform in an effort to give Kiwis more choices for how they purchase fertiliser and other agricultural products.
Ravensdown has appointed primary sector leader Graham Stuart to its board.
Stuart has served in several senior executive positions, including as chief executive officer of Sealord Group. Prior to this role, he spent seven years at Fonterra where he was director of strategy and growth, and chief financial officer.
Bruce Wills, Ravensdown chair, says Stuart’s appointment gives the board a major boost.
“Those who have worked alongside Graham know that he is one of the sharpest strategic thinkers in New Zealand business today. He is a high calibre addition to our board and will complement the existing skill set at the table.”
Stuart replaces Jason Dale, who has stepped down after nine years with the co-op.
Wills also thanked Dale for his service.
“I would like to take this opportunity to pay tribute to Jason and thank him for his long service to the Ravensdown board. He has served as chair of the audit and risk committee since 2014 and helped steer us through some of the more challenging moments in our history, including the global pandemic.”
Fonterra has updated its plan to divest its global consumer business and integrated businesses, Fonterra Oceania and Fonterra Sri Lanka.
Fonterra has announced new financial incentives for farmers who achieve on-farm emissions targets.
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