Monthly Market Reports
Monthly insights into economic, finance and trade issues affecting global demand for wool, and what this means for the Australian wool industry.
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Australian Wool Innovation (AWI), the research, development and marketing body of the Australian wool industry has today announced the candidates for election to the Board who have met all requirements for nomination.
Five candidates will contest three vacant board positions to be made available at the 2017 AWI Annual General Meeting to be held on November 17.
The AWI Constitution stipulates at least a third of the Board, currently made of seven members, must retire their position every two years. Incumbent AWI directors Colette Garnsey, Paul Cocking and James Morgan will do so and all will re-stand for election.
Under the Rules and Procedures governing the election of Directors, any individual seeking election to the Board of AWI can do so once they have achieved the necessary 100 valid shareholder signatures as verified by the AWI share registry, Link Market Services. In 2017, two outside Board nominees have successfully done so and will also stand as candidates, these being William Wilson and Don Macdonald.
The AWI Board Nomination Committee will assess the skills of candidates as required under the Statutory Funding Agreement with the Federal Government. The Nomination Committee will deliver its report to the AWI Board and the report will be appended to the Notice of Annual General Meeting as part of the AWI shareholder voting pack.
Australian Wool Innovation, Corporate Communications
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