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CICL ANNOUNCES INDEPENDENT DIRECTOR - SUE MURRAY
Photo: Sue Murray CICL Independent Director
CICL is pleased to announce it has selected Sue Murray as an independent director to be endorsed at the 2024 AGM to fill the vacancy created by Bruce Brown’s retirement in March 2024.
CICL has searched broadly and utilised its own industry contacts, including those of our two independent directors, to secure a new independent director over the last few months. We were pleased with the quality and experience of the potential directors who expressed an interest in joining the CICL Board.
Sue is a Graduate of the Australian Institute of Company Directors and brings to CICL experience as both a director and senior executive. Sue is currently a senior executive with the global Defence and Aerospace company BAE Systems, and non-executive director of HVTC and Central Coast Community College. She has over 30 years senior leadership experience across various sectors including agribusiness, coupled with qualifications in finance, project management, continuous improvement, asset management, risk management and corporate governance. Sue is accustomed to managing high profile politically sensitive projects in highly regulated environments.
Sue comes from a family farming background with previous interests in the New England region in sheep, cattle and irrigation farming enterprises and her appointment will add to the skills base and diversity of our board.
Bruce Brown - retiring independent director.
At the end of March, Bruce Brown will end his 20-year term as an independent director of CICL. Bruce was also a director of CIMCL until its winding up. Bruce has brought to CICL skills in agribusiness, finance and management. Bruce has been a champion of ensuring CICL has a strong brand and reputation. Bruce’s companionship and wise counsel will be missed.
A message from Bruce Brown
My directorships with CICL (including the Mutual) have been one of the joys of my professional life, given the many positive achievements of CICL.
Investment in new infrastructure technologies with both member and government monies have led to the development of a world leading, gravity fed, irrigation operation. The benefit of these investments has translated into significantly reduced water losses, enabling the member benefit and other related offers to members. In addition, CICL has over the past decade or so, been able to maintain its fixed charges to members at a level well below the cumulative CPI increase whilst building a very significant investment fund to facilitate future irrigation infrastructure replacement.
Importantly, CICL has been able to lift its brand and reputation over the past decade. CICL’s advice/commentary on water policy and related matters is much sort after across both the industry and political spectrums.
Another key factor in CICL’s achievements has been the positive and collegiate manner of CICL Board decision making supported both by progressive chairmanship and professional staff. Also of significance has been the collective support of Board decision making by CICL members.
In concluding, I would like to thank the CICL Chairs, Board members, staff and members for what has been a very enjoyable and stimulating experience and wish CICL and all involved a very productive and positive future.
Bruce Brown, March 2024
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