We are seeking shareholders to fill some of our most important roles as part of this year’s elections:
- Board Directors (North and South Island)
- Shareholder Reference Group members (Upper North Island, Upper South Island and Lower South Island)
- Honoraria Committee members
Submit a nomination by 4pm, Friday 21 July 2023.
Shareholders are invited to submit nominations for two Elected Director positions on the LIC Board, one for each of the North and South Island. Of the three current North Island Elected Directors, Ken Hames is due to retire by rotation at the 2023 Annual Meeting. He will stand for re-election (being eligible). Of the three current South Island Elected Directors, Murray King is due to retire by rotation at the 2023 Annual Meeting and after 14 years on the LIC Board, will not be seeking re-election.
Elected Directors serve for a three-year term.
Directors are responsible for the overall governance of LIC. They set the vision and long-term goals of the Co-operative, including the strategy to achieve that vision, and the monitoring of the strategy implementation.
Criteria: Elected Directors must be an LIC shareholder, use at least one of LIC’s herd testing options and artificially inseminate at least 60% of one of their herds with semen marketed by LIC.
Shareholders in the Lower North Island are invited to submit nominations for two Elected Shareholder Reference Group positions. The two current Lower North Island members, Richard Ridd and Mark Hooper, are due to retire by rotation at the 2023 Annual Meeting. Mark will stand for re-election (being eligible). Richard has chosen not to seek re-election. One position will be for a term of two years and the other for a term of three years to enable the new SRG Rotation Schedule to be implemented.
Shareholders in the Upper South Island are invited to submit nominations for one Elected Shareholder Reference Group position. Of the current Upper South Island members, Phil Lowe will retire at the 2023 Annual Meeting as part of the changes to the SRG Rotation Schedule. Phil will stand for re-election (being eligible).
Shareholders in the Lower South Island are invited to submit nominations for two Elected Shareholder Reference Group positions. The two current Lower North Island members, Michelle Oldham-Smith and Ben Smith, are due to retire by rotation at the 2023 Annual Meeting. Both Michelle and Ben will stand for re-election (being eligible).
The Shareholder Reference Group is an independent body of shareholders who aim to promote the interests of LIC shareholders and help LIC deliver on its purpose and vision. Members hold office for an approximate term of three-years. Appointed members are directly appointed by the Shareholder Reference Group.
All LIC shareholders are invited to submit nominations to fill two positions on the LIC Honoraria Committee. Two of the current members, Ian Brown and Gordon Glentworth, are due to retire by rotation at the 2023 Annual Meeting. Both will stand for re-election (being eligible).
Each year the Honoraria Committee considers the remuneration for Directors and Shareholder Reference Group members and recommends changes to shareholders to vote on at the Annual Meeting. Committee Members serve for a two-year term.
Criteria: Honoraria Committee members must be an LIC shareholder. They cannot be a Director, Shareholder Reference Group member, or permanent employee of LIC.
LIC shareholders are invited to express their interest to fill one appointed position on the Shareholder Reference Group. One of the group’s four appointed members, David Hands is due to retire at the 2023 Annual Meeting and after 8 years on the SRG and its predecessor the Shareholder Council he has decided not to seek re-appointment.
The Shareholder Reference Group is looking to appoint one new member who is passionate about the dairy sector, is an excellent communicator, and is well connected within their local community. An understanding and interest of animal evaluation is also sought.
Criteria: Shareholder Reference Group members must be an LIC shareholder, use at least one of LIC’s herd testing options and artificially inseminate at least 60% of one of their herds with semen marketed by LIC. No person can be elected, appointed, or hold office as a Director and a Shareholder Reference Group member concurrently.
If you are interested in being considered as an Appointed Member: please email your CV to [email protected]
Nominate a Director, Shareholder Reference Group member or Honoraria Committee member
Nominations forms are available below:
Forms and more information can also be requested from LIC’s Returning Officer, Melanie Tonkin.
All candidates must be nominated and seconded in writing by LIC shareholders. For a Director and Shareholder Reference Group nomination, the nominator and seconder must be from the Region or Territory where nominations are called. Nomination papers must be signed by the nominator, seconder and by the candidate.
- Nominations for Directors, Shareholder Reference Group and Honoraria Committee will be reviewed, and candidates will be announced at the time that the LIC Notice of Meeting is distributed to shareholders in September. Shareholders will be able to vote in the run up to the Annual Meeting or during the Meeting itself, if present in person or on-line. Successful candidates will be appointed at the Meeting.
- Director Candidate Assessment Process: Propero Consulting will undertake an independent assessment of Director candidates. Participation in the assessment process is not compulsory. Where candidates have agreed to participate in the assessment, their results will be included in the Notice of Meeting sent to shareholders.
- The Shareholder Reference Group will review expressions of interest for the Appointed member vacancy and will directly appoint the successful shareholder.
For more information, please refer to the 2023 Candidate Guide or contact LIC’s Returning Officer, Melanie Tonkin:
Phone: 027 545 3831
Email: [email protected]