Calling all woolgrowers! Have your say as part of WoolPoll 2021 to help shape the future direction of the wool industry. Held every three years, WoolPoll.
AWI’s Board Nomination Committee is responsible for:
identifying necessary and desirable director competencies;
considering candidates standing for election or re-election at any general meeting of the Company;
and making non-binding recommendations to shareholders in relation to the election or re-election of such candidates.
The Board Nomination Committee is to consist of five persons:
A Chair independent of the wool industry and independent from AWI, initially appointed by the Secretary of the Department of Agriculture;
Two independent non-executive Directors of the Company (other than the Chair of the Company);
One representative of the wool industry independent from the Company, nominated by the Wool Industry Consultative Panel plus one representative from an international executive search firm, nominated by the CEO of the Company (subject to approval by the independent Chair of the Board Nomination Committee).
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Date Time
Jock Laurie Named New AWI Chairman
The Board of Australian Wool Innovation is pleased to announce the appointment of Jock Laurie, a champion of Australian agriculture, as its new Chairman.
The appointment, which is effective immediately, follows the decision of former Chairman Colette Garnsey to step down from the role to ensure a smooth transition and knowledge transfer ahead of the Annual General Meeting in November.
Ms Garnsey, who has served on the Board for 10 years, the last three years as Chairman, had previously announced her intention to retire at the AGM. She will remain on the Board as a director until the AGM to ensure an orderly handover to Jock Laurie.
Fibre2Fashion
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Pic: Shutterstock There are signs of a bounce back of traditional wool consumption markets of the UK and the US for the 2021 autumn/winter season, according to a new analysis from Australian Wool Innovation (AWI). This follows sales and import growth in China, South Korea and Japan over recent months, the first, second and fourth largest consumer markets for wool.
There is growing optimism from retailers in UK and the US that vaccination has turned around the worst elements of the pandemic, according to AWI chief executive Stuart MacCullough. “The UK’s successful vaccination programme and staged easing of restrictions has meant consumers are shopping more freely again. There is strong interest in clothing sales, particularly knitwear as the spring weather in Britain is some of the coldest in two decades.