Tuesday, 23 September 2025 12:55

Nicola Shadbolt elected as LIC director

Written by Staff Reporters

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Nicola Shadbolt

Academic and former Fonterra director Nicola Shadbolt has been elected as LIC director.

Shadbolt beat two other candidates - Kevin Argyle and Pamela Storey - and joined the co-operative's board at its annual meeting last week.

LIC shareholders also approved a resolution to increase the remuneration of LIC chair and board members - 75% voted for the resolution while 25% opposed it.

Shareholders also approved the appointment of Hamish Rumbold and Blair O'Keefe as appointed directors.

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