CO-OPERATIVE NEWS
Nominations open for Director Elections Shareholders interested in joining the Farmlands Board of Directors are invited to put their hands up for this year’s Director Elections. Two seats – one North Island and one South Island – are being contested. Farmlands Directors Dawn Sangster and Gray Baldwin are retiring by rotation in 2021 and both have indicated they are standing for re-election. There are set criteria for any shareholder interested in becoming a Farmlands Director. Eligible candidates must reside in the island for which they are seeking election, have been a trading Farmlands shareholder for at least 3 years and need to be nominated by at least two other shareholders resident in the same island as the candidate. Farmlands Chairman Rob Hewett says having a say in governance is crucial to the success of the co-operative.
| Gray Baldwin
WWW.FARMLANDS.CO.NZ
“Having high-calibre shareholder
Last year’s Director Elections completed
representatives is critical not only to
a 3-year cycle to implement changes
Farmlands but all rural co-operatives,”
to the Board’s structure. From this
Rob says. “We have made tremendous
year’s Director Elections, there will be
strides in growing the talent pool of rural
one North Island and one South Island
governance, alongside Silver Fern Farms,
Shareholder Director retiring by rotation
through the To The Core programme.
every year.
“The talent is there and it is always
Shareholders with 500 or more $1
pleasing to see prominent and capable
shares are eligible to vote in this year’s
shareholders putting their hands up for
Director Elections. Voting packs will be
these elections. All of our shareholders
sent by email once the nominees are
are business owners and the ongoing
confirmed. While voting is primarily done
success of Farmlands factors into the
by email, postal votes are accepted.
wellbeing of their own business. “Standing in a Director Election is a thorough process, designed to showcase critical thinking and ability. It is also a very rewarding process, and if we are to continue to develop our next generation of leaders we want shareholders to ask questions, engage and, just as importantly, vote.”
WANT TO KNOW MORE? Shareholders wanting to learn more about becoming a Farmlands Shareholder Director can request a nomination pack by calling the election helpline on 0800 666 047 or emailing iro@electionz.com. Nominations close at 5pm on Thursday 26 August 2021.
| Dawn Sangster
Farmlands Co-operative Society Limited | © August 2021. All rights reserved.
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