WOOL Exchange Portal working group chairman Will Wilson and New South Wales wool broker and grower Don Macdonald have successfully nominated for the 2017 Australian Wool Innovation board election.
AWI announced their candidacy today, along with that of current board AWI members, Colette Garnsey, Paul Cocking and James Morgan, who will re-stand for election.
AWI said the five candidates will contest three vacant board positions to be made available at the 2017 AWI Annual General Meeting to be held on November 17.
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Incumbent AWI directors Colette Garnsey, Paul Cocking and James Morgan will re-stand, consistent with the AWI Constitution, which stipulates that at least a third of the board, currently made of seven members, must retire their position every two years.
AWI said that under the Rules and Procedures governing the election of Directors, Mr Wilson and Mr Macdonald had achieved the necessary 100 valid shareholder signatures as verified by the AWI share registry, Link Market Services, to succeed in their nominations.
The AWI Board Nomination Committee will now assess the skills of candidates as required under the Statutory Funding Agreement with the Federal Government, AWI said. 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.