Farmlands Co-operative appoints John Journee to Board of Directors

Farmlands today announced John Journee will be joining the rural supplies and service co-operative’s Board as an Independent Director.

Mr Journee brings extensive experience in both retail operations and governance to Farmlands. He has had a 15-year association with The Warehouse Group in both governance and operational roles, including a current role as non-executive Director and a previous term as CEO of Noel Leeming. Mr Journee is also a past CEO of Southern Hospitality, past Chairman of Powershop, Flux Federation and Max Fashions and is a past Director of Ezibuy.

Following the announcement, Mr Journee said he was looking forward to working alongside the Farmlands Board. The co-operative last month announced a net profit before tax and rebate of $12.2m (more than double its 2017 result), with $6.1m of that being distributed back to shareholders through a Bonus Rebate.

“I am impressed by Farmlands’ clear strategic vision and in particular their focus on outstanding customer service, as evidenced by them winning the KPMG Customer Experience Excellence Award earlier this year,” Mr Journee said.

“I look forward to working with the Board to take this strategic vision even further. The Farmlands Board of Directors is ambitious about what they want to achieve and I’m delighted to be joining them.”

Farmlands Chairman, Lachie Johnstone said Mr Journee’s considerable experience across multiple sectors made him an outstanding candidate to support the co-operative through its next phase of progress.

“We always seek to find Independent Directors that bring unique skill-sets that complement those already at the Board table,” Mr Johnstone said. “John’s proven history of excellence in the retail sector is an ideal fit for our network of 82 Farmlands stores nationwide.

“We are pleased he has chosen to join us and following a comprehensive selection process, we look forward to having his knowledge and experience at our Board table.”

Mr Journee will join the Farmlands Board of Directors in December and replaces the retiring Peter Wilson as an Independent Director. Mr Johnstone paid tribute to Mr Wilson’s service to Farmlands.

“Peter has spent 10 years on the Board and was a guiding hand in the merger between CRT and Farmlands,” Mr Johnstone said. “His extensive business and pan-industry experience has proved invaluable to the co-operative.”