LIC senior manager resignation

Private Bag 3016
Hamilton 3240
New Zealand

0800 651 156
www.lic.co.nz
LIC is the trading name of Livestock Improvement Corporation Limited

15 March 2018
Market statement

LIC senior manager resignation
Livestock Improvement Corporation (NZX:LIC (LIC) confirms its General Manager Operations and
Service, Andrew Fear, has resigned after 17 years of service.
Reporting to the Chief Executive, Mr Fear is responsible for the co-op’s herd testing, artificial
breeding, farms, field assists and health and safety teams.
He has held a number of roles with the farmer-owned co-operative since starting in 2000 as a
Business Development Manager, followed by National Herd Test Manager and General Manager
Field Operations before being appointed to his current role in 2014.
Mr Fear’s last day with LIC will be on 15 June 2018.

ENDS

For any shareholder enquiries: Please phone 0800 264 632

About LIC
LIC is a farmer-owned co-operative that provides a range of services and solutions to improve the productivity and
prosperity of farmers. This includes dairy genetics, information technology, herd testing, DNA parentage verification and
farm advisory services through FarmWise. Subsidiary business LIC Automation also provides integrated automation
systems and unique milk testing sensors that present real-time data while a cow is being milked. With origins dating back
to 1909, LIC has a long history of world-leading innovations for the dairy industry.
Today the New Zealand-based co-operative employs more than 700 permanent staff, swelling to 2000 during the peak
dairy mating season. LIC also has offices in the United Kingdom, Ireland, and Australia. All LIC profit is returned to its
farmer owners/shareholders in dividends or reinvested for new solutions, research and development. www.lic.co.nz