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02.12.2021 Source: AWEX
AWEX EMI 1346 +5
Micron 17 2403 +35
Micron 18 2017 +17
Micron 19 1659 +2
Micron 20 1379 +13
Micron 21 1318 +8
Micron 22 1315n +17
Micron 26 728n +3
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Micron 30 335 -5
Micron 32 240n -
MCar 904 +1

Australian Wool Innovation (AWI) has announced major management changes to create additional demand for Australian wool as major economies emerge from Covid-19.

AWI is pleased to announce the appointment of Stuart McCullough to the new international role of Chief Marketing and Innovation Officer, allowing him to devote his time to the biggest issues facing the wool industry and Australian woolgrowers.

In the role, Mr McCullough will be charged with addressing the industry’s greatest challenges, such as the proposed European labelling laws that could severely disadvantage the fibre, as well as maximising the opportunities for wool’s growth as the world comes out of COVID-19 conditions.

The role will ultimately be based overseas, with a final location yet to be determined, however Mr McCullough formally takes up the position effective today.

Current Chief Operating Officer (COO) John Roberts has been named Acting Chief Executive Officer ahead of a search process to be conducted by the Board to identify a permanent CEO.

AWI Chairman Jock Laurie said the Board had identified a clear need for an international role dedicated to the critical issues facing the industry.

“If you look at the factors that are going to define the success of the wool industry for all growers in the decades to come, many of them are international,” Mr Laurie said.

“We need to address issues across the wool supply chain, from processing concentration to ever-changing retail and consumers trends, and we need to continue driving demand for the fibre as the world recovers from COVID-19. Most immediately, we need to resist damaging changes to European Union labelling laws that would fail to recognise wool’s natural, sustainable and renewable benefits.

“What the Australian wool industry needs is a passionate advocate to take up those issues on behalf of the industry, and there is no one with a better skillset and experience than Stuart. It was a logical decision to free Stuart from his other responsibilities as CEO to enable him to devote his time to fighting for the woolgrowers on the world stage.”

Mr McCullough has more than 35 years of experience in the wool industry, including 20 years with AWI and almost 12 years in the CEO role. In that time, he has developed a deep understanding of every stage of the international wool supply chain from the farm, through wool processing to the fashion houses. After starting his career as a jackeroo on a sheep farm, Mr McCullough moved on to management roles engaged in all aspects of the wool industry as a wool classer, international wool exporter, trader and buyer, as well as global sales management roles.

Mr McCullough said: “During my time as CEO, the critical issues for the success of our industry have become clear. While AWI will always support growers on-farm and through its local R&D initiatives, it is the big macro international trends that will have the most significant impact on the industry over the long term. I am delighted to take on this new role, where I believe I can make the biggest difference to the future of our industry.”

Mr Roberts said he was pleased to be named Acting CEO and would put himself forward as a candidate to take on the role on a permanent basis.

Mr Roberts, who comes from a wool-producing family at Binalong in NSW, has more than 30 years of experience in the wool industry, having worked in a wide range of roles at AWI, Woolmark and in private agribusiness companies, including as a wool buyer and trader. He was appointed COO in October 2020.

Mr Laurie said the AWI Board would conduct a rigorous process to identify a permanent CEO from internal and external candidates, with a view to making an announcement in early 2022.


Contact: Kevin Wilde

Mobile: +61 436 031 277