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- Release Date: 21/12/12 12:50
- Summary: OFFICE: LIC: Change at helm of LIC
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LIC
21/12/2012 10:50
OFFICE
REL: 1050 HRS Livestock Improvement Corporation Limited (NS)
OFFICE: LIC: Change at helm of LIC
Mark Dewdney, CEO of farmer owned cooperative Livestock Improvement (LIC)
will step down from his position on 31 May 2013. He is keen to fulfil his
long held goal to be a 'hands on' dairy farmer and wishes to couple this with
expanding his professional Director roles. Mark Dewdney was recently
appointed to the Tatua Cooperative Company Ltd Board as Director.
Announcing the resignation, LIC Chairman Murray King said that Mark joined
LIC in 2006 indicating that he expected to fill the role for five to seven
years.
"He has done that, delivering outstanding financial returns to shareholders
and overseeing an organisation which provides a large number of innovative
solutions for New Zealand dairy farmers, and has developed a world class team
of staff.
"LIC reviewed its strategy in 2012 and is well positioned for the phase of
growth with clear direction and a significant programme of investment."
On 1 March 2013 current COO David Hemara will assume the role of Acting CEO
while an international search for a new CEO is conducted. Mark Dewdney will
continue to support David Hemara and the Board until 31 May 2013.
Mark Dewdney has extensive experience within the dairy industry both
internationally and in New Zealand. Immediately prior to joining LIC he was
the Managing Director for Fonterra's Asian Ingredients businesses and,
previous to those postings held senior management roles with Fonterra, both
within New Zealand and internationally, with NZ Dairy Group, LIC
International, Crean Foodservice and the Tatua Dairy Company.
Ends
Media contact :
Clare Bayly, LIC Communications Manager, phone 027 499 8862 [email protected]
End CA:00231529 For:LIC Type:OFFICE Time:2012-12-21 10:50:13
(20min delay)