Changes to LIC’s senior leadership team

Private Bag 3016
Hamilton 3240
New Zealand

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

Market statement
18 April 2018

Changes to LIC’s senior leadership team
Livestock Improvement Corporation (NZX: LIC) (LIC) announces changes in
responsibilities within its senior leadership team:
 David Chin, currently Chief Transformation Officer, will take up the role of acting
General Manager (GM) Biological Systems, reporting to the Chief Executive (CE).
 Richard Spelman, who has been covering the acting GM role since May 2017, will
return to the role of Chief Scientist, reporting to the CE.
 Bevin Harris, who has been acting Chief Scientist since May 2017, will return to the
role of Science Leader, reporting to the Chief Scientist.
These changes take effect on Monday 23 April 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 new solutions, dividends or re-invested for research and
development or dividends. www.lic.co.nz