New director for GrainCorp

09 Nov, 2015 09:32 AM
Comments
2
 
David has been an outstanding director

EAST coast grain business GrainCorp has appointed former explosives boss and mining sector specialist Peter Richards to its board in anticipation of the pending retirement of long-serving director, farmer and agricultural economist David Trebeck.

Mr Richards was chief executive officer of Dyno Nobel's Australian explosives business from 2005 until 2008 when the company was bought by Incitec Pivot.

GrainCorp managing director Don Taylor expects him to bring a "well-rounded business experience in mergers and acquisitions, international operations, supply chain management and stakeholder engagement" to GrainCorp's board table.

Prior to joining Dyno Nobel in 1990 Mr Peters worked for Wesfarmers and BP Petroleum and has more than 30 years business experience with global companies in business development and operational roles in the UK and US.

He is currently a non-executive director of mining companies NSL Consolidated based in Western Australia and Queensland's Cockatoo Coal; international mining equipment company, Emeco Holdings, and mineral processor Sedgman Limited.

"Peter's skills will provide new perspectives and ideas which will be critical for the next phase of business growth, particularly into international markets," Mr Taylor said.

From today GrainCorp has nine independent non-executive directors and a managing director, but the board will reduce to eight independent directors when Mr Trebeck retires at the December annual general meeting.

Mr Trebeck, a one-time economist with the National Farmers Federation and principal of economic consultancy ACIL, joined GrainCorp's board in 2002 serving on its people, remuneration and nominations Committee, the audit committee, and safety, health environment and governance committee.

He is also owns grazing and graingrowing interests in southern NSW.

"David has been an outstanding director, completely devoted to guiding and overseeing the continued success of GrainCorp," said Mr Taylor.

"His skills and experience have been an invaluable asset to the board and the business as a whole. I personally wish to thank David for his efforts and dedication."

FarmOnline
Andrew Marshall

Andrew Marshall

is the national agribusiness writer for Fairfax Agricultural Media
Date: Newest first | Oldest first

READER COMMENTS

Jock Munro
9/11/2015 1:27:52 PM

How difficult is it to get a 'gig'in the corporate club?! Once you are in club it seems that you are set for life. It appears also that no experience is necessary in the industry where the board position fall vacant !
LTF
10/11/2015 3:10:01 PM

The experience that Companies look for now at Board level is in how to get more money out of people in the supply chain and in Graincorps case, grain growers are highest on that list of targets? So having knowledge of grain production and supply management is not so important as can be seen by the lack of upgrade attention to storage and handling facilities.

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