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Tuesday, 23 September 2025 12:55

Nicola Shadbolt elected as LIC director

Written by  Staff Reporters
Nicola Shadbolt 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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