Interviews
News Flash
AWI to have cohesive and professional board
03 Jul '08
1 min read
The Chairman of Australian Wool Innovation (AWI) announced that the AWI Board unanimously passed the following resolution at the AWI Board meeting of 26 June:
RESOLUTION: the Board resolved that only the CEO (or CEO delegate) and the Chairman will speak to the media on matters relating to AWI, unless otherwise approved by the Chairman.
Any directors that transgress this policy will be censured. All directors were reminded of their obligations under the Corporations Act.
Vote: Unanimous
Mr van Rooyen said it is best practice that a company operates to this policy.
“Recently woolgrowers would have seen media reports and statements made by Directors that are contrary to company policy, which created confusion amongst woolgrowers and retailers about AWI's role. This is why the Board has passed this resolution,” said Mr van Rooyen.
“More importantly woolgrowers deserve to see AWI operating with a cohesive and professional Board managing their wool levy.
“It is also important for our international retailers to partner with a company that delivers on research, innovation and marketing opportunities and operates to their professional standard.”
RESOLUTION: the Board resolved that only the CEO (or CEO delegate) and the Chairman will speak to the media on matters relating to AWI, unless otherwise approved by the Chairman.
Any directors that transgress this policy will be censured. All directors were reminded of their obligations under the Corporations Act.
Vote: Unanimous
Mr van Rooyen said it is best practice that a company operates to this policy.
“Recently woolgrowers would have seen media reports and statements made by Directors that are contrary to company policy, which created confusion amongst woolgrowers and retailers about AWI's role. This is why the Board has passed this resolution,” said Mr van Rooyen.
“More importantly woolgrowers deserve to see AWI operating with a cohesive and professional Board managing their wool levy.
“It is also important for our international retailers to partner with a company that delivers on research, innovation and marketing opportunities and operates to their professional standard.”
Australian Wool Innovation Limited
Popular News
Leave your Comments
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
