PGG Wrightson Directors Ousted in Shock Vote
PGG Wrightson chair Garry Moore and independent director Sarah Brown have been removed from the board in a surprise vote at the company's annual meeting.
The decision was made by the company's two largest shareholders, Agria and ASX-listed Elders, causing the company's shares to be placed in a trading halt.
PGG Wrightson said its two largest shareholders made the decision in a statement to the NZX issued by company secretary Julian Daly.
- Chair Garry Moore and director Sarah Brown were voted off the board.
- PGG Wrightson directors Charlotte Severne, Sarah Brown, and Garry Moore were awarded by the NZSA for their board governance in 2024.
Author's summary: PGG Wrightson directors ousted in surprise vote.