Results of the AGM include:
Two new directors were welcomed to DairyNZ’s Board of Directors – Jo Coughlan and Jacqueline Rowarth.
Jo is a board-appointed director who replaces Barry Harris, who has stepped down after 11 years. Jacqueline is a farmer-elected director who steps into a vacant role on the Board.
Directors Remuneration Committee member
The Directors Remuneration Committee also welcomed a new member, Canterbury dairy farmer John Gregan. The committee considers and recommends remuneration for directors each year.
Approval of director remuneration
The Directors Remuneration Committee regularly reviews and recommends changes to directors’ payments and other benefits to ensure payments are at an appropriate level and effectively managed.
The payments and benefits recommended were approved by levy payers this year.
All other resolutions passed, including the minutes for the 2016/17 AGM, appointment of KPMG as auditor and approval of the audited accounts.
For more information on DairyNZ’s annual results, click here