Saturday, April 20, 2024

Guy to retire as farmer director of LIC board

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Feilding dairy farmer and long-standing director of dairy farmer co-operative LIC, Bryan Guy, has announced he will step down as a director in May 2014 and not seek re-election to the LIC board.
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Guy said the decision to retire will allow the opportunity for someone else to contribute to LIC’s governance.

“My involvement with LIC spans 28 years firstly as a regional board member and then 20 years on the corporation board,” he said.

He said he felt fortunate and privileged to have been a part of LIC and seeing the significant changes in technology, farming practices and dairy industry politics over that time.

“What hasn't changed is the huge commitment and passion that the team at LIC has as they deliver on the mission of improving the profitability of New Zealand dairy farmers.”

He said the future for LIC and its shareholders still holds many challenges, but he had no doubt that together they will continue to forge an even stronger and more prosperous business.

LIC chairman Murray King paid tribute to the significant contribution Guy has made to the co-operative.

“The choice to move from being a shareholder to an active governance role is a conscious decision which, over the years, has generated so much value not only to LIC, but to the dairy industry,” he said.

“Bryan’s father, Grahame, was a passionate advocate for herd improvement and the cooperative philosophy and Bryan continued his legacy – extending it by extraordinary commitment and representation of farmer interests at the board table.”

LIC board directors were elected on a regional basis for a four-year term by qualifying shareholders, based on one vote for each co-operative control share held.

Shareholders in the Central Region have the opportunity to vote for their director representatives this year.

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