Farmlands Posts Strong 2025 Half-Year Growth
Rural retailer Farmlands has released it's latest round of half-year results, labeling it as evidence that its five-year strategy is delivering on financial performance and better value for members.
Silver Fern Farms Co-operative chairman Rob Hewett says the new role opens up a directorship opportunity on the Co-operative board which assists in ensuring constructive rejuvenation of its governors.
“The appointed Director role supports the Co-operative’s succession plan and continues to ensure active farmer directors are well equipped to gain governance experience ahead of standing for election in the future,” Hewett says.
To be eligible for the role, candidates must be a current shareholder of the Co-operative and have supplied a minimum of 400 stock units to Silver Fern Farms for each of the two years ended 31 December 2020 and 31 December 2021.
Eligibility also includes those that have a legal or beneficial interest in a shareholder supplier, e.g. a shareholder of a company, partner in a Partnership or a named beneficiary of a Trust.
The successful applicant will be appointed to the Board of the Co-opeative for a maximum of three years, following which if they wish to continue, they will need to make themselves available for election. They can choose to seek election prior to the three-year term expiring.
The successful applicant will not be eligible to be appointed to the Board of Directors of Silver Fern Farms Limited until such time they have successfully been elected as a Farmer Elected Director of the Co-operative.
Applications close at 12 noon Thursday 16th June 2022.
