AWB Limited is calling for nominations for the election of non-executive directors to the Board of AWB Limited and AWB (International) Limited.
The elections will take place at AWB’s Annual General Meeting in Melbourne on Thursday 13th March 2003 for the following positions:
- AWB Limited director, to be elected by A Class shareholders in South Australia. The current director elected to this position, Mr Michael Shanahan, offers himself for re-election.
- AWB Limited director, to be elected by A Class shareholders in New South Wales/Australian Capital Territory. The current director elected to this position, Mr Ian Cush, offers himself for re-election.
- AWB Limited director, to be elected by A Class shareholders in Queensland/Northern Territory. The current director elected to this position, Mr Brendan Stewart, offers himself for re-election.
- AWB (International) Limited director, to be elected by A Class shareholders in Western Australia. The current director elected to this position, Mr Wayne Gibson, offers himself for re-election.
The AWB Board has established a Board Nomination Committee to enable the Board to provide advice to shareholders on the most qualified candidates. The Nomination Committee has commissioned Spencer Stuart, an international executive search firm with substantial experience in Board searches and in agribusiness, to professionally assess the candidates.
Candidates who have submitted their nomination, or indicated that they may nominate, will be invited to be interviewed by Spencer Stuart. The nomination Committee will receive a report from Spencer Stuart and will invite a short list of candidates to meet with them to further assess their application.
Candidates should be able to demonstrate success in leadership and senior management roles, preferably with some exposure in a listed public company environment.
The Directors are seeking candidates with experience and a proven track record in one or more of following areas; mergers and acquisitions, joint ventures, alliances, international marketing and trade, competitive mature industries, processed food industries, supply chain and distribution, financial, risk management instruments and processes.
Candidates wishing to nominate should contact Mr Michael Wheatley of Spencer Stuart by the 2nd December by post (level 44, 55 Collins Street, Melbourne, 3000) or by email (email@example.com).
Nominations forms are only available by writing to Dr Richard Fuller, AWB Company Secretary, via fax: 03 9602 3436 or email: firstname.lastname@example.org.
The closing date for arrival of Nomination Forms is 5pm EST on Friday 10th January.
All A Class shareholders have been sent a letter regarding the nominations for election of non-executive directors this week.