Graincorp
Spencer was previously a Non Executive Director of ASX Listed Graincorp Limited (GNC) 2007-2009.
He resigned in accordance with good governance principles after a change in listing structure.
Spencer was previously a Non Executive Director of Grain Growers Limited (GGL)
GGL is a not for profit company in the Agricultural Space and was the largest shareholder in GNC for many years.
Key Responsibilities and Achievements as a Non Executive Director
Chairing meetings as required and representing the company to stakeholders.
Interviewed prospective Non Executive Directors and employment of the Chief Executive Officer.
Ensured sound Corporate Governance whilst maintaining the reputational and cultural aspects of the company.
On the GGA Board Spencer successfully lobbied for the need to overhaul the company constitution with the appointment of two Independent Directors to the Board, whilst holding a minority position.
On the Graincorp Board Spencer was 1 of 3 directors who advised the Board to enter a Take or Pay Deal with Pacific National, thus guaranteeing them the unlimited use of Trains to transport the grain. This was by far the most transformative business transaction undertaken.