Honoraria Committee

The Committee considers and recommends the remuneration for the Board of Directors and Shareholder Reference Group each year.

The Honoraria Committee is a formally constituted committee made up of four elected farmer shareholders.

The Committee meet formally around three times each year to review current remuneration levels of the Board and Shareholder Reference Group. The Committee analyses remuneration data obtained from other company’s annual reports, Institute of Directors and Strategic Pay to inform their remuneration recommendations.

The Committee recommends any suggested changes in remuneration levels to shareholders to vote on at the Annual Meeting.

Honoraria Committee Members

Ian Brown.jpg

Ian Brown (Chair)

Scott Montgomerie.jpg

Scott Montgomerie

Shirley Trumper.jpg

Shirley Trumper

Gordon Glentworth.jpg

Gordon Glenworth

If you would like to get in contact with any of the above members or have any questions about the Committee, please email shareregistry@lic.co.nz, or contact Chair Ian Brown at irk.kj@xtra.co.nz or on 027 2814 043.