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Director elections mean an exciting Red Meat Industry

16 December 2013

Director elections mean an exciting Red Meat Industry

Federated Farmers looks forward to working with the Boards of the cooperatively owned Silver Fern Farms and Alliance Group following their recent Director elections.

“Federated Farmers congratulates the new directors elected to our two largest cooperatives, Don Morrison at Alliance Group as well as Richard Young and Dan Jex-Blake at Silver Fern Farms,” says Jeanette Maxwell, Federated Farmers Meat & Fibre chairperson.

“We also congratulate Alliance Group chairman Murray Taggart on his re-election.

“Federated Farmers Meat & Fibre wishes to formally thank Alliance Group’s Owen Poole and Jason Miller as well as Silver Fern Farms’ David Shaw for their service to shareholders.

“I know there was a lot of interest in Alliance Group’s non-binding special resolution regarding the appointment of John Monaghan as an independent director. Mr Monaghan is of course a director of Fonterra Cooperative Group as well.

“I was deeply encouraged by the surge in shareholder turnout. This tells me next year will be a massive one for the Red Meat sector because farmers are sending a clear signal that they want forward momentum.

“I pledge Federated Farmers support in delivering this as well as on the Red Meat Profit Partnership.

“As a Federation, we have released to our members a detailed options paper for reform of the red meat industry as we see it.

“While we will be releasing an outline of this paper mid-week, I need to be very clear that doing nothing is no longer an option for our industry. Our options paper contains some truly innovative ideas that we know will work well in the New Zealand setting.

“With the new Board’s confirmed at Alliance Group and Silver Fern Farms we can all get to work with the wider industry on changing paradigms,” Mrs Maxwell concluded.

ENDS

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