New chief for British wool

The British Wool Marketing Board (BWMB) has appointed Joe Farren as its new chief executive from June 1st. He succeeds Ian Hartley, chief executive of the board for the last 22 years.

A qualified barrister, Mr Farren spent the first part of his career in the City, advising on company mergers and acquisitions.  In 2004, he joined SIG Plc, the FTSE 250 multinational distributor of building and home improvement products, based in Yorkshire, as head of UK and Ireland business development.  From 2013, he was a director with LDC, the private equity arm of Lloyds Bank.  He is also part of a family farming business with farms in North Yorkshire and Aberdeenshire.

“We welcome Joe to the BWMB in this high profile and important position at a crucial time not only in agriculture but also in the wool sector,” says BWMB chair Ian Buchanan. “On behalf of UK wool producers I also thank Ian Hartley for his hard work, commitment and contribution to the BWMB and the wool industry and wish him well for a long and happy retirement.”

Mr Farren adds: "I am determined the Board will continue its good service to wool producers.  The Board will also seek to continuously improve the efficiency with which it handles their wool, to manage the auction process effectively so as to maximise prices for producers and to promote wool strongly on the global stage as the pre-eminent fibre, being aesthetically attractive, high performance and environmentally friendly."

Posted on May 31, 2016 and filed under Company News, People.