Scoop has an Ethical Paywall
License needed for work use Register

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


AFFCO US Head Resigns

The President of AFFCO New Zealand Ltd's USA business has resigned following the company's decision last month to withdraw from its meat importing operations in the USA.

Selwyn Hayton will leave AFFCO on 31 December after 30 years involvement in the New Zealand meat industry, the last 11 as head of the company's United States operation.

AFFCO Executive Chairman Sam Lewis paid tribute to Mr Hayton's work in establishing and overseeing a trading office for the company in North America.

"Selwyn went to the United States in 1990 to research the US market for beef, and stayed on to establish a viable business for the company. By 1998, AFFCO USA had grown to be one of the leading importers of beef into the USA."

Mr Lewis said that after extensive evaluation AFFCO had concluded that it was more cost-effective to use agency services for the importing function, rather than handling product directly.

"It is a measure of the outstanding contribution Selwyn has made to AFFCO that the company enjoys extensive and strong relationships in the US market," said Mr Lewis.

Mr Hayton will continue to reside in the United States.


Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
Business Headlines | Sci-Tech Headlines

FMA: MAS To Pay $2.1M Penalty For Making False Representations

Following proceedings brought by the FMA, MAS has been ordered to pay a $2.1M penalty for making false and/or misleading representations to some customers. MAS admitted failing to correctly apply multi-policy discounts and no claims bonus discounts to some customers, failing to correctly apply inflation adjustments on some customer policies, and miscalculating benefit payments.More

IAG: Call On New Government To Prioritise Flood Resilience

The economic toll of our summer of storms continues to mount, with insurance payouts now topping $1B, second only to the Christchurch earthquakes. AMI, State, & NZI have released the latest Wild Weather Tracker, which reveals 51,000 claims for the North Island floods & Cyclone Gabrielle, of which 99% (motor), 97% (contents), and 93% (home) of claims have now been settled. More


Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.