Senior Aussie PGG Wrightson exec to head Landcorp
April 4 (BusinessDesk) - PGG Wrightson's Steve Carden, who heads up its Australian seeds unit, will leave the country's biggest rural supplies firm to take up the reins at New Zealand government-owned Landcorp Farming in July.
The Wrightson general manager will take up the chief executive role being left vacant by long-standing Landcorp boss Chris Kelly, the company said in a statement.
Carden has been with Wrightson since 2008, and responsible for the Australian seeds business since 2010, overseeing the acquisition and integration of a number of businesses while confronting some challenging climatic and market conditions.
AgriTech group GM John McKenzie will act as manager of the Australian business until a replacement is found.
Wrightson shares rose 2.6 percent to 39 cents today, and have shed 14 percent this year.