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Announcement

OFFICE: LIC: LIC announces new People and Performance Group Manager

21 Oct 2016 14:36NZX
21 October 2016
Market statement

LIC announces new People and Performance Group Manager

Livestock Improvement Corporation Limited (NZX:LIC) is pleased to announce it
has appointed Patrick Brus as People and Performance Group Manager, effective
from 28 November 2016.

This will be an important role as the company works through potential capital
structure changes with shareholders and staff and also looks to create more
value for farmers and new revenue streams as part of its transformation
programme.  As such, the role will be a member of the Senior Leadership Team.

Chief Executive Wayne McNee says Mr Brus brings a strong HR and commercial
background to the role having spent 4 years as Chief Corporate Services
officer at Comvita assisting them in delivering a 5 year strategy and high
performing culture. He has also spent time at Wintec as Director of Support
Services, and Fonterra as Corporate HR Manager during its transition from the
New Zealand Dairy Board.  His strengths and interest is in driving
organisational change while increasing staff engagement.

Mr Brus holds an Advanced Bachelor''s Degree in Personnel Management and
Educational Planning, and a Bachelor of Science in Human Resource Development
and Labour Relations.

ENDS

Contact: Ali Tocker, ali.tocker@lic.co.nz 027 617 1942

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 600 permanent
staff, swelling to 2000 during the peak dairy mating season. LIC also has
offices in the United Kingdom, Ireland, Australia and Brazil. All LIC profit
is returned to its farmer owners/shareholders in new solutions, research and
development or dividends. More information: www.lic.co.nz
End CA:00291290 For:LIC    Type:OFFICE     Time:2016-10-21 14:36:43
Views: 135
Livestock Improvement Corporation Ltd
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