Small, nimble and local
Stay local. That's the message Canterbury rural trader Ruralco received from its 3000 shareholders.
Rural trader Ruralco has appointed former Speaker and Banks Peninsula farmer Sir David Carter as its new chair.
Carter replaces Jessie Chan who stepped down from the board last month.
He joined the Ruralco board in 2020. Prior to this, he competed a successful 26 year parliamentary career which saw him chair numerous select committees as a Member of Parliament before becoming a Senior Cabinet Minister from 2008 until 2012. This included being Minister of Agriculture, Biosecurity, Economic Development, Forestry, and Primary Industries from 2008 to 2012 before being elected Speaker of the New Zealand Parliament at the start of 2013. In December 2000 Carter was awarded a Knighthood recognising his 26 years of public service.
He currently farms 10,000 stock unit sheep and beef breeding and fattening operations, spread over three properties on Banks Peninsula and in North Canterbury.
Carter says he is honoured to be appointed by the board to the chair role.
“I am committed to supporting our chief executive officer and executive team to continue the good work done to date by all of our people and to keep challenging ourselves to deliver value for our members."
Ruralco chief executive Rob Sharkie says Carter’s experience in both governance and farming has been valuable during his board tenure to date.
“With him now moving into the chair role we are looking forward to working together to build Ruralco into the partner of choice for rural New Zealand."
OPINION: The recent Federated Farmers / Rabobank 2024 Farming Salaries Report revealed strong growth in farm salaries over the past two years.
The low unemployment environment is one of the key factors driving on-farm salaries higher over the past 24 months, says Rabobank general manager for country banking Bruce Weir.
Fonterra has appointed a new chief financial officer, seven months after its last CFO’s shock resignation.
A seminar on rural dispute resolution has been organised at Lincoln University, Christchurch this month.
The legacy of Dr Peter Snow continues to inspire as the recipients of the 2023 and 2024 Peter Snow Memorial Awards were announced at the recent National Rural Health Conference.
One of Fonterra’s global customers, Mars is launching an ambitious sustainable dairy plan to work with dairy farmers and cut emissions by 50%.