Livestock Improvement Corporation Limited logo

LIC appoints Chief Financial Officer

Director Appointment24 September 2018LICFinancials

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

25 September 2018


LIC appoints Chief Financial Officer


Livestock Improvement Corporation (NZX: LIC) (LIC) announces the appointment of David

Hazlehurst to the role of Chief Financial Officer (CFO).


David will start with LIC on 4 February 2019.


Reporting to the Chief Executive, David will be responsible for the farmer-owned co-

operative’s business performance, financials, risk management, secretariat and

procurement.


LIC chief executive, Wayne McNee, said “It is fantastic to have a CFO with David’s

experience joining LIC. He brings a strong background in the primary industries along with

extensive CFO experience.”


David comes to LIC from Zespri, where he has been Chief Financial Officer since 2015.


Before joining Zespri, David held the role of CFO and Vice President, Commercial and

Pacific Islands for NZ Steel. Prior to this David, a Waikato University graduate, worked for

Lion Nathan in Financial Controller and Group Management Accountant roles. He had a

short period with Oxygen Business Solutions (the IT division of Carter Holt Harvey) before

moving to Fonterra in 2002 where he held three senior roles; GM, Fonterra Business

Services and Global Finance Integration Manager. He then moved to Germany where he

was Chief Financial Officer of a JV between Friesland Campina and Fonterra.


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 re-invested for new solutions, research and

development or dividends. www.lic.co.nz

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

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