Skip to main content

Your internet browser is out of date and not supported by this website. For the best viewing experience on wool.com, please update your browser to one of the options below.

Welcome to Wool.com

An innovation hub for the woolgrowers of Australia

You may also be interested in

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
Micron 28 400 -8
Micron 30 335 -5
Micron 32 240n -
MCar 904 +1

Shareholders of Australian Wool Innovation (AWI) have elected Ms Georgia Hack, Mr Jock Laurie and Mr Don Macdonald to the board.

Mr Laurie and Mr Macdonald were existing Directors who were seeking re-election.

For the second year in a row AWI’s Annual General Meeting (AGM) was conducted as a virtual meeting due to COVID-19.

Shareholders also endorsed resolutions to limit the tenure of Directors and maintaining the board membership of seven.

The results of the AGM director election votes are:

Candidate

For

Against

Result

Mr Michael Field

 72,655

60,432

Not Elected

Ms Georgia Hack 

 92,937

61,574

Elected

Mr Jock Laurie

 98,779

55,629

Elected

Mr Sydney Lawrie

 35,817

81,480

Not Elected

Mr Don Macdonald

105,988

45,239

Elected

Mr Charles Olsson 

 26,991

102,263

Not Elected

Mr Steven Read

 82,205

53,803

Not Elected

 

     

AWI Chairman Mr Jock Laurie welcomed Georgia Hack to the board.

“Her marketing experience with major retailer David Jones will complement her fellow directors and I look forward to working with her on behalf of Australian woolgrowers.”

Speaking at the AGM Mr Laurie said the clear result in this year’s WoolPoll will provide real clarity around budgeting.

“Woolgrowers have had their say. They are prepared to pay 1.5%. The company and the new board going forward sit down and do their budgets and they will manage that money appropriately, invested on (shareholders) behalf and make sure the company stays very solid and solvent”.

The results of the AGM resolutions:

Resolution

For

Against

Abstain

Result

Changes to the Constitution

 140,584

24,229

7,170

Approved

AWI Board Size Limit

156,970

13,314

1,679

Approved

AWI acting Chief Executive Officer John Roberts says our major global economies start to recover it is critical that we adopt a clear, swift and practical approach to the many challenges and opportunities that sit before us, and that we work in a highly consultative and collaborative way that ensures all of industry remain informed and invested.

Contact: Kevin Wilde, 0436 031 277