Co-operative Calls For Board Appointed Farmer Director

"Posted" 31/05/2022

Dunedin Tuesday 31st May 2022:  Applications for Silver Fern Farms Co-operative’s next Board Appointed Farmer Director have opened.

Silver Fern Farms Co-operative Chairman Rob Hewett said the new role opens up a directorship opportunity on the Co-operative Board which assists in ensuring constructive rejuvenation of its governors.

“The appointed Director role supports the Co-operative’s succession plan and continues to ensure active farmer directors are well equipped to gain governance experience ahead of standing for election in the future.”

To be eligible for this role, candidates must be a current shareholder of the Co-operative and have supplied a minimum of 400 stock units to Silver Fern Farms for each of the two years ended 31 December 2020 and 31 December 2021. Eligibility also includes those that have a legal or beneficial interest in a shareholder supplier e.g., a shareholder of a company, partner in a Partnership or a named beneficiary of a Trust.

The successful applicant will be appointed to the Board of the Co-operative for a maximum term of three years, following which if they wish to continue, they will need to make themselves available for election. They can choose to seek election prior to the three-year term expiring.

The successful applicant will not be eligible to be appointed to the Board of Directors of Silver Fern Farms Limited until such time they have successfully been elected as a Farmer Elected Director of the Co-operative.

Applications close at 12 noon, Thursday 16th June 2022.  For any enquiries, please contact Clark Taylor at clark.taylor@silverfernfarms.co.nz or on 029 9145060.