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

 


Co-operative Business celebrates co-ops’ achievements

20 August 2014

Co-operative Business celebrates co-ops’ achievements

At its AGM held in Auckland last Thursday (August 14), Cooperative Business New Zealand appointed its new board of directors: Jonathan Lee [Chair], David Shaw, Kim DeGarnham, Blue Read, Christine Burr and Russell Green.

Cooperative Business represents the interests of New Zealand’s co-operatives, or ‘co-ops’ and mutual organisations as they are sometimes known. Together, these member-owned organisations account for more than three percent of New Zealand’s GDP, employ 43,000 people and turn over $41 billion a year.

In addition to the formalities of its AGM, Cooperative Business also held a discussion forum and inaugural awards dinner at which longstanding member co-ops were recognised.

The highlights of the daylong events included:

•Appointment of its 2014-15 board of directors, chaired by Jonathan Lee (COO of the NZ Association of Credit Unions) and introducing new director Kim DeGarnham (Company Secretary and GM – Administration and Member Services, Foodstuffs South Island);

•Presentation to retiring director Tony Reilly (Director, Ravensdown Fertiliser Co-op) in recognition of his eight years’ service to the Cooperative Business council and board;

•Announcement of a new strategic partnership with the Institute of Directors, to jointly develop a professional development programme tailor-made to meet the governance requirements of Kiwi co-ops (editors: refer to earlier joint media statement);

•Welcome to new members: Mitre 10 and Share NZ; and

•A discussion forum on co-operative governance and executive leadership.

Before presenting the awards, Mr Lee spoke of the sustainability of the co-operative business model.

“We’re formally recognising a collective 1,600 years in business for 31 organisations,” he said. “This is an absolutely remarkable feat of longevity for these successful businesses in today’s dynamic and changing marketplace.”

New Zealand’s oldest co-op FMG Insurance, established in 1905, sponsored the awards. Rabobank NZ, which began as a rural credit co-operative in the Netherlands in 1898, provided the ceremony’s guest speaker – CEO Ben Russell.

Category
CooperativeEstablished [years]
100 years +FMG
Tatua Co-op Dairy
1905 [109]
1914 [100]
75-99 yearsMarket Gardeners
The Co-operative Bank
Rodney Co-op Lime
Rabobank NZ
Westland Dairy Co-op
1923 [91]
1928 [86]
1930 [84]
1935 [79]
1937 [77]
50-74 yearsAlliance Group
Silver Fern Farms
Interflora Pacific
Ballance Agri-Nutrients
NZACU
Farmlands Co-op Society
Ashburton Trading Company
1948 [66]
1948 [66]
1952 [62]
1955 [59]
1961 [53]
1962 [52]
1963 [51]
25-49 yearsComposite Retail Society
Fruitpackers HB
NZCU Baywide
Primary Wood Co-op
Pharmacy Wholesalers (Central)
Pharmacy Wholesalers (BOP)
Ravensdown Fertiliser
Eastpack
NZ Honey Producers
Rural Couriers Society
Birchwood Packhouse
Foodstuffs South Island
LIC
NZ Hops
Ashburton Lyndhurst Irrigation
Berryfruit Export
Dairy Goat Co-op
1968 [46]
1970 [44]
1971 [43]
1974 [40]
1978 [36]
1978 [36]
1978 [36]
1980 [34]
1981 [33]
1981 [33]
1987 [27]
1988 [26]
1988 [26]
1988 [26]
1989 [25]
1989 [25]
1989 [25]

[ends]

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Half Full: Dairy Payouts Steady, Cash Will Be Tight

Industry body DairyNZ is advising farmers to focus on strong cashflow management as they look ahead to the 2015-16 season following Fonterra's half-year results announcement today. More>>

ALSO:

First Union: Cotton On Plans To Use “Tea Break” Law

“The Prime Minister reassured New Zealanders that ‘post the passing of this law, will you all of a sudden find thousands of workers who are denied having a tea break? The answer is absolutely not’... Cotton On is proposing to remove tea and meal breaks for workers in its safety sensitive distribution centre. How long before other major chains try and follow suit?” More>>

ALSO:

Scoop Business: NZ-Korea FTA Signed Amid Spying, Lost Sovereignty Claims

A long-awaited free trade agreement between New Zealand and South Korea has been signed in Seoul by Prime Minister John Key and the Korean president, Park Geun-hye. More>>

ALSO:

PM Visit: NZ And Viet Nam Agree Ambitious Trade Target

New Zealand and Viet Nam have agreed an ambitious target of doubling two-way goods and service trade to around $2.2 billion by 2020, Prime Minister John Key has announced. More>>

ALSO:

Scoop Business: NZ Economy Grows 0.8% In Fourth Quarter

The New Zealand economy expanded in the fourth quarter as tourists drove growth in retailing and accommodation, and property sales increased demand for real estate services. More>>

ALSO:

Scoop Business: RBNZ’s Wheeler Keeps OCR On Hold, No Rate Hikes Ahead

The Reserve Bank has removed the prospect of future interest rate hikes from its forecast horizon as a strong kiwi dollar and cheap oil hold down inflation, and the central bank ponders whether to lower its assessment of where “neutral” interest rates should be. The kiwi dollar gained. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news