Eight candidates to contest for BoD positions in AWI

Eight candidates will contest the board positions to be made available at the 2013 AWI Annual General Meeting on November 22.

The AWI Constitution stipulates at least a third of the Board, currently made up of seven members, must retire their position every two years. Incumbent AWI directors Meredith Sheil and George Falkiner will retire and re-stand for election at the 2013 AGM while director Roger Fletcher will not re-stand after serving on the Board since 2007.

AWI Chairman Wal Merriman thanked and paid tribute to Mr Fletcher saying he had "brought significant experience, insight, business acumen and practical common-sense to the AWI Board over the last six years. This had assisted with the Board's focus on commercial research and efficiencies in operations which have been of great benefit to woolgrowers in Australia, and the Board wishes Mr Fletcher well in his future endeavours," Mr Merriman added.

Six outside Board nominees have achieved the necessary 100 valid shareholder signatures as verified by our share registry, Link Market Services and will now stand as candidates for the 2013 AWI Board election:

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