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, resulting in a trading halt for the company's shares.
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.
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Author's summary: PGG Wrightson's board sees sudden changes.