Wednesday, 05 August 2015 08:19

Chapman bows out

Written by Rural News Group

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Longtime Elders New Zealand managing director Stu Chapman will later this month leave the business he started.

Following the Carr Group’s acquisition last August of Elders New Zealand – recently rebranded as Carrfields – Chapman, once a shareholder in the Elders agribusiness, agreed to continue in the MD role during the sale and management handover.

He will finish at Elders on August 14 but remain a director of Elders Primary Wool, comprising NZ Yarn, Wool Exports NZ and Wool Marketing Enterprises (Just Shorn). He will also remain a director of Elders International NZ Live Export, a joint venture with Elders Australia.

Chapman has spent 21 years with Elders NZ, growing the business into a market leader particularly in livestock and wool.

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