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

 

Bad Day For Rope: Donaghys Job Losses Another Blow To Dunedin

The loss of 30 jobs from Donaghys rope and twine factory is yet another blow to the people and economy of Dunedin, says Dunedin South Labour MP Clare Curran. More>>

ALSO:

Oil: 2014 New Zealand Petroleum Summit

Simon Bridges: Our abundance of energy and minerals resources provides us with unique opportunities to build the New Zealand economy.

Over the past three years the Government has made significant changes to how the sector is regulated. More>>

ALSO:

WWF Report: Solutions In Reach; World Biodiversity Suffers Major Decline

Global wildlife populations have declined by more than half in just 40 years as measured in WWF's Living Planet Report 2014. Wildlife's continued decline highlights the need for sustainable solutions to heal the planet... More>>

ALSO:

Scoop Business: NZ Dollar Catches Breath After "Goldilocks" Slump

The New Zealand dollar edged up following its dramatic slump yesterday after the Reserve Bank confirmed speculation it intervened in the currency market last month and PM John Key suggested a “Goldilocks” level far lower than at present. More>>

ALSO:

Biosecurity: Kiwifruit Claim To Hold Officials Accountable For Psa

Kiwifruit growers have joined forces to hold Biosecurity NZ accountable in the courts for its negligence in allowing 2010’s Psa outbreak that devastated New Zealand’s kiwifruit industry and exports. Foundation claimants representing well ... More>>

ALSO:

Poison: Anglers Advised Not To Eat Trout In 1080 Areas

With the fishing season opening in just a few days (1 October 2014), anglers are being warned by the Department of Conservation(DOC) not to eat trout from pristine backcountry waters and their downstream catchments, where the department is conducting 1080 poisoning operations. More>>.

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand

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