Home / Knowledge / News / Textiles / Industry supports AWI Board Nomination Committee
Industry supports AWI Board Nomination Committee
May '11
A Board Nomination Committee has been appointed to assess the skills of those seeking election to the Board of Australian Wool Innovation in 2011.

The five-member Committee is part of a new process put in place under AWI's 2010 - 2013 Statutory Funding Agreement (SFA) with Federal Government and will comprise three external members and two AWI Board members.

The Committee members include:

Mr Colin Bell, Executive Chairman of Bell Financial Group Ltd
Mr Jock Laurie, President of the National Farmers Federation
Mr Will Wilson, General Manager Sales & Marketing, Australian Securities Exchange

Joining these external members will be the current Board Chairman, Mr Wal Merriman, and Deputy Chairman, Mr Roger Fletcher.

Each member of the Committee has been appointed in accordance with the Board Nomination Committee Charter.

The Board Nomination Committee will consider the CVs of candidates nominated to be elected or re-elected to the office of Director and will make a recommendation to shareholders as to those candidates who will, in its view, best ensure that the Board collectively has an appropriate balance of skills and experience in the areas set out in the definition of “Skills Based Board” in the SFA.

The SFA sets out the following collective expertise as the definition of “Skills Based Board”:

• Corporate governance
• Wool growing
• Wool processing
• Product promotion and retail marketing
• Domestic and international market development and international trade
• R&D, technology, technology transfer, commercialisation and adoption of R&D and innovation
• Conservation and management of natural resources
• Administration of research and development; and
• Finance and business management.

The introduction of the Board Nomination Committee does not require any change to the AWI Constitution (the SFA expressly acknowledges this). An individual can still be considered as a candidate for the AWI Board by obtaining 100 signatures under the terms of the AWI Constitution.

The Board Nomination Committee will make an assessment of every validly nominated candidate based on the collective skills required by the AWI Board (as defined in the SFA) and the skills of those current Directors not standing for election.

Wool industry representatives attending the Industry Consultative Committee (ICC) were fully informed of the role of the Board Nomination Committee at the March ICC meeting.

The introduction of the Board Nomination Committee has required amendment of the “Rules and Procedures Governing the Election of Directors” and the forms to be completed by nominated candidates.

Australian Wool Innovation Limited

Must ReadView All

Apparel/Garments | On 26th Oct 2016

SGS develops 4C chemical management model for apparel

SGS, a leading inspection, auditing, certification, testing, and...

Textiles | On 26th Oct 2016

Whitehouse & URI Business Centre start RI textile network

Senator Sheldon Whitehouse and the University of Rhode Island...

Textiles | On 25th Oct 2016

Arvind to dilute 10% stake in brand business arm

Arvind Limited, one of India’s largest integrated textile and apparel ...

Interviews View All

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search