Pāmu Braces for $30m Hit From Rising Farm Costs
State farmer Pāmu is bracing for a $30 million hit from soaring farm input costs this financial year.
Woolerton, who joined the board today, grew up on a family farm in the Waikato and currently runs a consultancy business.
A Pamu statsment says he previously served for ten years on the board of a cooperative dairy company, the last two as deputy chairman, and was a Member of Parliament for 12 years.
Pāmu has also farewelled directors, David Nelson and John Brakenridge.
Pāmu chairman Warren Parker thanked the retiring directors for their combined 14 years of service to the company.
“John and David have both served on the board through a period of great change. Their commitment to Pāmu and their strong agriculture sector backgrounds, and commitment to good governance, have been invaluable.
“I am also delighted to welcome Doug Woolerton to the board and look forward to working with him.”
