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Chief Executive Succession at Silver Fern Farms

Chief Executive Succession at Silver Fern Farms

Friday 28 July: Silver Fern Farms has commenced the search for a new Chief Executive following the resignation today of Dean Hamilton, who will leave the company at the end of the year.

Co-chairman Rob Hewett says, “The Board is understandably saddened by Dean’s decision. However, we’ve been discussing for some time the demands on him of working away from home, and appreciate and accept Dean’s desire for change.“

“Dean has achieved an enormous amount in what will be 3 years as Chief Executive of Silver Fern Farms. Under his leadership, the company achieved a significant recapitalisation through the $260m investment by Shanghai Maling and partnership with the Silver Fern Farms Co-operative, and has developed a clear and cohesive 2020 business strategy. He has realigned the organisational leadership team to support that strategy, improved farmer engagement, strengthened organisational culture, rationalised our plant platform, increased investment in health & safety and sustainability, and introduced strong financial and risk management disciplines.”

“Dean will leave the company in its strongest ever financial position, with a clear strategic direction and a very capable leadership team.”

Mr Hamilton commented “I’m really proud of what we have all achieved at Silver Fern Farms. We’ve got a really passionate group of people, farmer partners and customers around the world who are committed to the success of Silver Fern Farms. Having worked our way through a challenging period, we’ve now got real momentum in the business.”

“Though I will be sad to leave Silver Fern Farms, I have real confidence that we’ve got the right people and capital resources to execute and win with our long-term plate to pasture strategy.”

“I have really appreciated the support of the Board, and look forward to working with them to help with the transition to a new Chief Executive. In the meantime, I look forward to continuing to lead the business.”

ENDS


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