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THE OFFICIAL MAGAZINE OF AUSTRALIA'S SUGARCANE INDUSTRY
STL ELECTION WHO WILL SPEAK FOR GROWERS?
Australian Canegrower speaks to the nominees for the position of Grower Director on the board of Sugar Terminals Limited. Pictured: Bulk sugar terminals like STL's Lucinda Terminal in the Herbert River are key strategic industry assets.
Sugar Terminals Limited (STL) is preparing to hold its first Annual General Meeting (AGM) since deciding to insource operations at its bulk terminals. The surprise move, announced in late January, ended a long-standing management agreement with industry-owned Queensland Sugar Limited (QSL). There is continuing industry unease about a publicly listed company having sole operating control of the growerfunded, vital industry assets and so representation of growers on the STL board has never been more important. The imminent AGM will include the election of a Grower Director. Stephen Calcagno, Chairman of CANEGROWERS Cairns Region and a Director of Queensland Cane Growers Organisation, who has held the position since 2020, is hoping to return to the role for another three years.
He is running against Steven Kirby, Managing Director and CEO of Australian Cane Farms, one of the country’s largest sugarcane producers. Elected by G-class shareholders, CANEGROWERS members are encouraged to make their own informed decisions and lodge their vote. This can be done in person at the company’s Annual General Meeting at the offices of Clayton Utz in Brisbane, by mail or by proxy. A notice of meeting was dispatched to shareholders on 23 October 2023 advising that the AGM will be held on Wednesday 22 November 2023 at 2.00pm (QLD time) and included details about eligibility, voting, proxies, and a link to access the webcast of the AGM. This link will be included in the CANEGROWERS Member Update from Brisbane November email.
