Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Ballance signals CEO’s retirement plans

Ballance signals CEO’s retirement plans


Ballance Agri-Nutrients Chairman David Peacocke has announced that Larry Bilodeau will be retiring as Chief Executive of the co-operative at the end of September. His retirement will end 17 years with the co-operative, 14 of them as Chief Executive.

Mr Peacocke said that under Mr Bilodeau’s leadership Ballance had evolved from a fertiliser business to a co-operative covering the full spectrum of farm nutrient requirements.

“Larry has always ensured our co-operative has stayed one step ahead of our shareholders’ and customers’ needs. He developed and led our strategy and ensured we earned our place as a trusted name in complete farm nutrient management. That trust is reflected in our consistent financial performance.”

Mr Peacocke said Ballance would undertake a global search for Mr Bilodeau’s replacement and was focused on finding a successor who could continue to take the co-operative forward.

“Larry has set very high standards and our Board is committed to ensuring his successor has the same strategic and leadership qualities which have been so evident during his leadership.”

Mr Bilodeau, who began his career as General Manager of Ballance’s Kapuni urea plant in 1997, said he was looking forward to the next six months and ensuring the co-operative stayed on track with its growth strategy and performance goals.

“We have been very proud of our performance in recent years, capped off by last year’s record result and rebate. My priorities now are to ensure the business remains in very good shape financially, operationally and strategically so my successor is very well placed to continue our growth path,” said Mr Bilodeau.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Media: Julian Wilcox Leaves Māori TV

Māori Television has confirmed the resignation of Head of News and Production Julian Wilcox. Mr Maxwell acknowledged Mr Wilcox’s significant contribution to Māori Television since joining the organisation in 2004. More>>

ALSO:

Genetics: New Heat Tolerant Cow Developed

Hamilton, New Zealand-based Dairy Solutionz Ltd has led an expert genetics team to develop a new dairy cow breed conditioned to thrive in lower elevation tropical climates and achieve high milk production under heat stress. More>>

Fractals: Thousands More Business Cards Needed To Build Giant Sponge

New Zealand is taking part in a global event this weekend to build a Menger Sponge using 15 million business cards but local organisers say they are thousands of business cards short. More>>

Scoop Business: NZ Net Migration Rises To Annual Record In September

New Zealand’s annual net migration rose to a record in September, beating government forecasts, as the inflow was spurred by student arrivals from India and Kiwis returning home from Australia. More>>

ALSO:

Scoop Business: Fletcher To Close Its Christchurch Insulation Plant, Cut 29 Jobs

Fletcher Building, New Zealand’s largest listed company, will close its Christchurch insulation factory, as it consolidates its Tasman Insulations operations in a “highly competitive market”. More>>

ALSO:

Scoop Business: Novartis Adds Nine New Treatments Under Pharmac Deal

Novartis New Zealand, the local unit of the global pharmaceuticals firm, has added nine new treatments in a far-ranging agreement with government drug buying agency, Pharmac. More>>

ALSO:

Crown Accounts: English Wary On Tax Take, Could Threaten Surplus

Finance Minister Bill English is warning the tax take may come in below forecast in the current financial year, as figures released today confirm it was short by nearly $1 billion in the year to June 30 and English warned of the potential impact of slumping receipts from agricultural exports. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand

Mosh Social Media
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news