New Zealand National Fieldays Society Inc.
Welcome to the Society's Annual Report for 2024
This year marks our first-ever online edition. This milestone enhances accessibility and transparency, allowing our community to engage more interactively with our achievements and goals. Thank you for being a vital part of our journey as we continue to strive for excellence in serving our vision and mission.
Vision
- Creating leading events for our world
- Our vision includes growing new events, improving our site, investing in charity and growing our agricultural heritage
Mission
- To advance agriculture for the benefit of New Zealand through collaborative leadership in innovation, education and globalisation
- To bring town and country together
Strategic Imperatives
These imperatives guide and inform us as we work towards a cohesive and strategic direction. The New Zealand National Fieldays Society’s pillars of Innovation, Education and Globalisation are weaved throughout everything we do.
Invest and develop our people
To be a valued employee where people value working and volunteering their time.
Grow our business
Grow New Zealand.
Connect globally
Maintain an international reputation as the leader in events, learn from the best and lead the rest.
Connect with our customers, community, and stakeholders
To have high customer/stakeholder satisfaction and to make it easy to do business with us.
Develop our home site
To gain maximum asset utilisation of our multi use site while ensuring it remains relevant for our customers while being maintained and presented to golf course standard.
Govern and manage risk and compliance
To be a leader in overall risk management and aspire to set/lead standards resulting in risk mitigation.
Board, governance & structure
To ensure that the Board is fit for purpose, well governed and all relative policies are in place.
Our Values
Our values guide our decision-making including our vision, mission, and strategic imperatives.
We work together as one team
We strive to exceed expectations
We act with integrity
We are leaders
We take pride in our heritage
| 2024
Jenni Vernon - Board Chair report
It is my pleasure to present the 57th Chair’s report on behalf of our Board, the members, and volunteers of the New Zealand National Fieldays Society Inc. This, my second year as Chair, has witnessed further success stories for the organisation.
In the spirit of our vision and mission, we continue to create leading events for our communities, improve our site, and advance agriculture for the benefit of New Zealand through our collaborative leadership in innovation, education, and globalisation.
Our efforts have been recognised with Fieldays now backed by the coveted New Zealand Story’s FernMark Licence Programme boosting its international reputation as an important and authentic New Zealand business. Another accolade for the team was the news that our Chief Financial Officer, Bryan Corfield, was awarded the 2024 Finance Leader - Growth Entity Award at the 2024 New Zealand CFO Awards.
The Board has undertaken two strategic workshops on the future focus of the Fieldays event and the bigger picture for the organisation on growing new events. It is important to be open to the changing environment we exist in, as an events venue. We did not underestimate the work involved by our management team for Mystery Creek Events Centre to hit the target of earning one million dollars in this financial year, which was achieved. This represents a first for the organisation and contributes to maintaining a strong balance sheet.
The second milestone underway this year is the ratification of a new constitution for the Society. Some of the changes are due to the newly updated Incorporated Societies Act but others are a chance to modernise our founding document to reflect how the Society wishes to hold to account the Board’s roles and responsibilities on behalf of the members and volunteers. We look forward to finalising this at the end of 2024.
In the upcoming year, the Board, in conjunction with our management team, plans to revise our funding model to ensure that it is suitable to improve the experiences of our members, volunteers, exhibitors, and visitors. This will involve increasing our use of technologies across the organisation.
The actions and successes of the Society mentioned above do not just happen without passion and dedication from our Board, life members, members, and volunteers and all our staff – thank you.
I wish to pay a special tribute to our retiring CEO Peter Nation. He may have been our CEO for nearly nine years but has been involved with the Society for over thirty years in various other roles. Peter’s attitude and work ethic has always been one of total dedication and passion for the values of our Society. Thank you, Peter.
Our Society continues to build on the solid foundation established 57 years ago. Thank you for the opportunity to be your Chair.
Jenni Vernon
| 2024
Peter Nation - CEO Report
This will be my ninth and final report as CEO following my announcement to stand down as the CEO effective from 20 December 2024.
It has been an absolute privilege to lead this organisation both in growth and through some of the most difficult financial times an organisation could face, due to COVID-19.
I am delighted to report that we are showing good signs of returning to some normality, progression and forward-thinking.
Despite some ongoing challenges and that we're not yet back to pre-pandemic levels, we’re pleased to have achieved a surplus—a good accomplishment in today’s environment.
We remain grateful for the support of our many customers who exhibit at Fieldays or choose to hold their events at our venue.
I am proud of the excellent team we have developed and grown over the past few years; they fully understand this business and are committed to growth, great customer service and ensuring that everyone benefits from being part of our organisation.
This business is a complex and very diverse organisation and running events comes with its challenges when combined with the intricacies of our campus, compliance, social license, and managing growth; it can be a balancing act.
The Waikato is now arguably the fastest-growing region in New Zealand and will see further development in the coming years driven by economic prosperity. This will result in Mystery Creek Events Centre becoming a major asset to the region and New Zealand.
There are many milestones I could reflect on from my nearly nine years at the helm or over the past financial year. However, at a high level, I am most proud of the respect in which Fieldays and our business are held—regionally, nationally, and internationally; the culture we have built and the high-performing team we have developed, including staff, volunteers, and others; the strong relationships and stakeholder engagement we have cultivated; and our work on social license, which has led us into new relationships and positioned us in a role that is both inspiring and valuable. Our systems, processes, and frameworks have ensured our business is fit for purpose and well-protected.
Thank you to the many people and organisations that have supported this business and myself under my tenure. I also wish to acknowledge my team, the Board and the four Presidents I have worked with over my time with the Society. We should all be proud of our achievements and the many strategies we have implemented.
I wish everyone and the Society every success in the future.
Peter Nation
“ We are showing good signs of returning to some normality, progression and forward-thinking. „
Peter Nation - CEO
“ I am grateful for the hard work and support of our entire team, which allowed us to achieve significant reductions in capex. „
Bryan Corfield - CFO, and winner of the Finance Leader Award at the 2024 NZ CFO Awards
ECONOMIC IMPACT
As an event of national significance, Fieldays makes a major contribution to both the regional and national economy as evidenced by the summary of results. While the event showcases the New Zealand Agri-tech community, it also enables business to be transacted, innovation to be promoted and a vast array of information to be shared. The exposure to a global audience is also a significant benefit of exhibiting at Fieldays. Many iconic brands were first discovered at concept-stage at the Fieldays Innovation Awards and Hub, which enabled the springboard to global success.
While the financial contribution of Fieldays is clear, the intangible investment in health and wellbeing, careers and education, charitable and community, or simply connection and support is also a massive benefit to the community we work in and the wider sector nationally.
As an event business, the Society’s overall contribution to events held at Mystery Creek Events Centre, including Fieldays, is a massive boost to the region in terms of accommodation bookings, food and beverage sales, services and regional promotion. Visitors and customers through our gates each year are well in excess of 200,000. We are proud of the ongoing contribution we make to our region, New Zealand and globally, and will continue to strive to grow and promote.
Fieldays
Fieldays 2024 marked a milestone as the first full event cycle since the pandemic, with one year between events. The return to an annual schedule allowed for better planning and a more forward-thinking approach, enabling the event to exceed expectations in terms of visitor and industry engagement. The success of this year’s event is a fantastic reflection of the resilience and forward momentum of the agricultural community in an era marked by rapid change and challenges.
With visitor numbers sitting at 106,000 over the four days, there was a heightened sense of engagement and exhibitors reported strong lead numbers and customers who wanted to buy. The strong turnout was a testament to the enduring relevance of the event, not just for farmers, but also for industry professionals, urban dwellers and international visitors. One of the highlights was the increase in international attendees with delegations from 15 countries and over 250 visitor visa support letters issued for people coming to learn about New Zealand’s world-class agricultural practices and explore business and trade opportunities.
Several enhancements were made to improve the overall experience for both visitors and exhibitors. The introduction of the VIP Business Plus Lounge provided a dedicated space for business leaders and high-profile guests to network, hold meetings and relax in a comfortable environment, facilitating more meaningful connections. Meanwhile, the new Family Activation Zone catered to families and younger visitors, offering interactive activities, ensuring Fieldays really was a place for everyone. As always, Fieldays 2024 continued to place a strong emphasis on innovation, with technology taking centre stage across many sites. The Fieldays Innovation Awards saw a record number of entries for the past decade, demonstrating the continued ingenuity of New Zealanders.
The event’s success was supported by our partners, sponsors and stakeholders. These collaborations are critical not only during the event itself but throughout the year. Strategic relationships played a key role in the development of many of our Fieldays Hubs and continue to prove invaluable to the event.
The new Fieldays Rural Advocacy Hub in association with Federated Farmers was established to bring together key players to showcase advocacy organisations providing support and a united voice for farmers, and was a platform for discussions around policy, regulations and the challenges facing rural communities. While this space proved incredibly valuable for critical conversations, it also cemented the Society’s position as a voice for farmers.
As Fieldays looks to the future, its role in supporting innovation and tackling the challenges faced by the rural sector ensures it will remain a key event for New Zealand and the global agricultural community.
Mystery Creek
Mystery Creek Events Centre had a successful year, hosting a diverse array of events that highlighted the venue's versatility. Notable new additions included Meatstock, an annual festival that draws barbecue enthusiasts, the CrossFit Team Nationals, which brought together top athletes for a high-energy competition, and the inaugural NZ Boat, Fish and Dive Expo, catering to marine hobbyists. The Northern Easter Camp also made a welcome return after a COVID-19 hiatus, gathering thousands of youth for a long-weekend event.
Other standout events included Sika Show, attracting outdoor and hunting enthusiasts from across the country, and the NZMCA Motorhome, Caravan & Leisure Show, which continued to cater to the RV community. These large events promote Mystery Creek’s capacity to host a wide range of interests, reinforcing its position as a premier event destination in New Zealand.
Reviews confirmed that our venue remains a preferred choice for future events, with particular recognition going to our staff. Their commitment to providing exceptional service and ensuring smooth operations played an important role in the seamless experiences for organisers and attendees alike.
Sustainability at Fieldays 2024
Fast facts about the event
Exhibitor Site Awards - Sustainability
Ravensdown, a New Zealand-owned agricultural cooperative company was commended for their well-designed food and waste management system, incorporating 'reduce' measures such as real crockery, 'reuse' strategies like reusable cups made from sustainable materials that visitors could take home or have cleaned on-site, and 'recycle' practices with thorough waste separation and management. Their clear-roofed marquee allowed natural light to reduce overall energy demand. Additionally, the entire Ravensdown team effectively communicated their sustainability story with enthusiasm, showcasing the technology and initiatives at their site.
Fieldays sustainability volunteers
Pictured from left: Alisha Black, Janine Monk, Barry Quayle, Lance Enevoldsen, MP Barbara Kuriger and Peter Birkett
Fieldays sustainability volunteers play a crucial role in gathering data that helps calculate the event’s carbon footprint. They assist with counting cars in the car parks, conducting bus depot surveys, reading water meters, and collecting feedback from exhibitors. Additionally, they serve as sustainability ambassadors, visiting exhibitors who are participating in one or more of our sustainability programmes, offering support and ensuring best practices are followed.
NZNFS Sustainable Development Goals
A few years ago, we adopted five of the Sustainable Development Goals (SDGs), each with 5-8 specific actions aligned to them. These SDGs serve as the foundation of our organisation’s efforts, guiding us in setting goals, tracking our progress and data, reporting outcomes, and refining strategies. This process informs our carbon budget and action register, creating a continuous cycle of improvement.
Goal - Climate action
Commitment Statement: We are committed to climate action (SDG 13) by promoting sustainable transport, increasing electric vehicles in our fleet, reducing ticket printing by going online, planting native trees on-site, diverting waste from landfills, and lowering carbon emissions per visitor and overall. These efforts aim to reduce our environmental impact and support a low-carbon future.
Goal - Quality education
Commitment Statement: We are committed to promoting quality education (SDG 4) by supporting innovation through the Fieldays® Innovation Awards, conservation and sustainability workshops, engaging students in careers and education programmes, and hosting exhibitor waste workshops. Additionally, we encourage exhibitors to enter the Fieldays Site Awards: Sustainability Award and participate in our Sustainability Programme, to support a culture of learning and environmental responsibility.
Goal - Good health and well-being
Commitment Statement: We are dedicated to improving community health and well-being through the Fieldays® Hauora Taiwhenua Health & Wellbeing Hub, health screenings, charitable contributions, and volunteer support. Our focus is on increasing access to healthcare, supporting charitable activities, reducing incidents, and ensuring volunteer satisfaction to create a healthier, safer, and more engaged community.
Goal - Decent work and economic growth
Commitment Statement: We are dedicated to fostering sustained economic growth and decent work (SDG 8) by contributing significantly to the Waikato and New Zealand GDP, creating jobs both regionally and nationally through Fieldays, and generating substantial revenue from Fieldays, external funding, Mystery Creek Events Centre, Society property, and other sources. Additionally, we will continue to drive economic impact for the Waikato region through our activities and events.
Goal - Partnerships for the goals
Commitment Statement: We are committed to strengthening partnerships for sustainable development (SDG 17) by enhancing international connections through Fieldays, attending key global events, fostering community engagement through local gatherings, and contributing to conservation efforts with initiatives like the Predator Free Community Hub.
Sustainability at the Society 2024
Predator Free trapping and track development
Pictured from left: John Clapp, John Moody, Janine Monk, Peter Fisher, Howard Forlong, Steve Hirst, Geoff Bush, Russ Penwarden (front). Not present for photo, Rodney Stedall.
Our volunteers continue to maintain their trap lines every Friday. In collaboration with our groundsman, several volunteers have also developed a 400-meter bush walk in the Wairepo block, enhancing our efforts to promote local biodiversity. Our volunteers demonstrate exceptional dedication, often extending their support to assist our neighbouring businesses and schools with their trapping efforts. Their commitment benefits our community by helping to build relationships for the betterment of our environment.
Waikato Business Awards 2023 Winner
The Society won the Sustainability Award at the 2023 Waikato Business Awards in November of the same year. The judges highlighted the Society's efforts to integrate sustainability into its events and engage stakeholders, as well as the senior leadership's commitment to practical initiatives and targeted investments that drive real impact.
New Zealand Tourism sustainability commitment
Each year, the Society reaffirms its dedication to sustainable tourism by renewing its annual declaration. The Society remains committed to continuous improvement and works diligently to uphold its sustainability goals within the tourism sector.
Repurposing expired uniforms
Our recent collection of expired uniforms was donated to International Needs Fiji (INFiji), an organisation aimed at supporting solo mothers in Suva. Many of these women face significant social and economic challenges, and as a result, their children are at risk of educational disruption and in extreme circumstances, displacement. The Fiji Mums Project addresses this issue by providing a 20-week vocational training program that equips these women with skills to achieve financial independence. Upon graduation, participants receive resources to help them start their businesses.
Social and environmental sustainability in the Community
Mystery Creek Community Catchment (MCCC)
To simplify our funding and resource efforts, the Society decided to unify all community environmental initiatives under the Mystery Creek Community Catchment (MCCC). This consolidated approach makes it easier to access support and resources.
Mystery Creek Community Catchment Hui 2023
An inaugural hui was held in the Bledisloe at MCEC with 53 attendees, including six enthusiastic youths from four schools who contributed insightful ideas. The event began with a one-hour presentation covering our progress in predator eradication, eDNA, gully restoration, and youth education projects. This was followed by six breakout sessions focused on envisioning Mystery Creek's future, environmental education actions, storytelling, timelines, and resource needs.
We gathered numerous ideas which have been digitised for easy access. A survey showed strong support for making this an annual event, with all 20 respondents giving positive feedback and rating the hui above seven out of 10.
Youth Environmental Education Programme (YEEP) update
On 4 April 2024, 32 students from four local schools visited the Mystery Creek Heritage Village for a day of environmental education. The day included three activities: painting T-Rex traps for their 'Backyard Trapping' programme, a water quality workshop led by Dr Rebecca Stott from NIWA, and a cultural session on connecting with the environment, guided by Norm Hill, a cultural/environmental specialist. The event concluded with a trapping demonstration. Follow-up homework was provided, allowing students to continue their learning and community impact.
On 5 September 2024, we hosted the second environmental workshop for schools, launching the first intergenerational 'Legacy Event' in partnership with Bupa NZ, who sponsors the NZ Landcare Trust’s ‘Junior Landcare Programme.’ Eight students from four local schools were paired with retirees from Bupa Foxbridge Retirement Village as mentors, fostering cross-generational connections. The day’s theme focused on water, with sessions on eDNA, water quality, stream conservation, and river cleaning. The workshop concluded with reflections, wellbeing activities, and goody bags containing native trees and educational materials. The event was a success, and the unique setting of the Heritage Village added to its impact.
Predator Free workshops at Kaipaki School
In August 2024, two of the Society's Predator Free volunteers visited Kaipaki School to teach students about backyard trapping. The two lunchtime sessions were well received, highlighting the students' enthusiasm for environmental sustainability. The volunteers thoroughly enjoyed sharing their knowledge, making it a rewarding experience for both the students and the volunteers alike.
Waikato Regional Council’s Environmental Initiatives Fund (EIF)
On 30 August 2024, the Society was awarded $40,000 in funding from Waikato Regional Council to be used over two years to support the development and delivery of our Youth Environmental Education Programme (YEEP). Over the past four years, we have held ad hoc workshops with four local schools—Kaipaki, Ōhaupō, Rukuhia, and Tamahere Model Country School—to keep students engaged while we waited for funding. While these workshops have been of great value, the funding will be used to hire an educator to help us implement a more structured approach.
Challenges and future plans for MCCC
This year has presented challenges that have hindered our progress on MCCC initiatives outside of YEEP. Until we secure funding—whether through grants or sustainable corporate sponsorship—our efforts remain limited. The lack of logistical support has hindered our ability to develop a strategic vision and plan based on the ideas generated at our last hui. To address this, we are proposing the formation of a small steering group dedicated to strategic planning, alongside establishing a volunteer group to assist in implementing some of the projects.
Other pending tasks include creating a dedicated MCCC website, establishing social media channels, and maintaining ongoing communications. The Predator Free Community has significant potential and there is much work to be done.
We continue to have the invaluable support of the EPA, Wilderlab, and NZ Landcare Trust, along with numerous contacts in various councils and other organisations.
NZNFS Carbon and Sustainability Report
This Carbon and Sustainability report measures the carbon footprint of Society 1 October 2022 - 30 September 2023.
Fieldays Sustainable Event Report
This Sustainable Event report measures the carbon footprint of Fieldays 14 June - 17 June 2023.
PEOPLE & CULTURE
The Society’s continual focus on employee wellbeing and workplace culture has seen some great initiatives flow from the Culture and Wellbeing Committee, set up in early 2023. Our charitable purpose guides the team to think of ways where we can, as a charitable organisation combine activities with giving. This was demonstrated in August with the painting of yellow rocks for the Waikato Cancer Society in support of Daffodil Day, which were displayed in the foyer rock pool of the Lions Lodge. The rocks were decorated with inspirational messages of hope and strength, and given to the guests staying at the lodge.
During Mental Health Awareness Week a number of activities were arranged to recognise the importance of mental health in the workplace. A guest speaker from Farmstrong shared stories from those affected by Cyclone Gabrielle, which highlighted the importance of putting your own mental health first to remain strong and build resilience.
Complimentary neck and shoulder massages have become a regular offering before Fieldays to help provide stress relief, along with a ‘survival kit’, which includes a selection of items to support health and wellbeing leading up to, and during the Fieldays event.
Staff training and development
Staff training and development are vital to the success of any progressive organisation. Well-designed programs provide employees with the skills necessary to thrive in their current positions but also help them prepare for future challenges and growth opportunities.
The Society’s learning and development framework supports many forms of learning with staff participating in a team-building day in March 2024 visiting two local businesses along with a team challenge hosted by Corporate Challenge. The local-level learnings from the two external visits were of huge value to the team, and the Society has now made this an annual activity. Thanks to the Cambridge Stud Heritage Centre and Ross Brothers Heavy Machinery Museum for hosting us. Our second team day was focussed on visiting customers to learn about their businesses and to understand the importance they put on being a part of the Fieldays event. Thank you to Power Farming, AgriSea and Quinn Engineering for hosting the team in October 2023.
Another learning aspect we encourage amongst the team is learning from our peers. Our comprehensive Lunch ’n Learn schedule for the year included overviews from conferences or events that various team members attended, through to areas within the business where knowledge and skills can be shared across the wider team. The schedule also included four external presentations from businesses that have a relationship with the Society. Thanks to IT Partners, ASB Bank, King St Advertising and Farmstrong for sharing their knowledge and expertise.
Supporting education through internship opportunities
The New Zealand National Fieldays Society plays a pivotal role in fostering growth and development through its internship programs, with education at the core of its mission. In February 2024, we welcomed Brooke Bauerfeind, who joined us for a four-month research project focused on addressing the challenges of food waste disposal. This initiative not only aimed to find sustainable solutions for the Society but also for our local business community, working together as a collective to tackle food waste and create a positive environmental impact.
Born and raised in Hamilton, Brooke spent her childhood helping on her uncle’s farm, moving cows and working on fences. Though she lived primarily in the city, she developed a deep connection to the countryside and makes it a point to return to it whenever she can.
“As a sustainability intern it has broadened my perspective on waste and the current solutions we have in the Waikato. This experience has brought many different organisations into my sight and has created a lot of pride within me for the people who innovate in this sector for the betterment of society”.
Volunteers
Volunteers play a vital role in the New Zealand National Fieldays Society, greatly contributing to the smooth organisation and success of the Fieldays event, as well as other year-round Society activities from Predator Free volunteers, who assist with flora and fauna protection, to those involved in riparian planting, painting fences, creating garden boxes, and other various tasks. Yet, all share a common thread—their dedication and willingness to help the Society. Their efforts support our community, and we are deeply grateful, as we couldn’t achieve our goals without them.
Society members
The Society has three types of membership starting with Volunteer Membership, which is open to any volunteer who has assisted the Society from time to time and is offered membership by the Society Board. Financial Membership is available to those who choose not to volunteer but would still like to have a connection with the Society and lastly, Honorary Life Membership, which is awarded to Volunteer Members by the Society’s Board and recognises the member’s outstanding service and contributions to the Society. The number of Honorary Life Members at any one time does not exceed 20. Our Life Members have contributed an enormous amount of passion and commitment to the Society throughout their lives and we are eternally grateful for their continued support. Several active members were even part of the original group that created the first Fieldays event.
Our Awards
The Annual Awards event is an important part of the Society’s calendar where we can formally recognise and celebrate our members, volunteers and staff for the work they did across the year.
2023 Society Recognition Awards
The John Kneebone Volunteer of the Year award is open to all volunteers of the Society who have not previously received the award. The award is peer-voted from nominations agreed by the Society board and was first presented in 2016.
The Rimmington Award is presented to an external organisation or person in recognition of outstanding service to Fieldays (the event) with its inception in 1992.
John Kneebone Volunteer of the Year – Sandra Wrigley
Rimmington Award – Te Radar (Andrew Lumsden)
2023 Society Staff Awards
For the Society, recognising staff with annual awards is important as it acknowledges and celebrates their hard work, dedication, and contributions. It shows employees that their efforts are valued, fostering a sense of belonging and loyalty to the organisation and contributes to a supportive and rewarding workplace culture.
Rookie of the Year – Steve Foster
Employee Choice – Hayley Brosnahan
Most Valued Team Member – Trevor Preece
Acknowledgements
The Society lost a past employee, and a staff member this year: Archie Griffin, a former grounds person, and Ron Fleming, our risk coordinator. Ron’s absence was felt deeply, especially with Fieldays only weeks away. His legacy of commitment inspired the team to come together in support of one another, ensuring a successful event in Ron’s honour.
Archie Griffin
Archie worked at the Society from 2003 to 2017, and at the time of leaving was in the role of our grounds person. He was also involved in site marking and Fieldays setup (using tape measures!) well before we had systems and processes like GPS, mapping, and inductions.
Ron Fleming
Ron had a long association with the Society dating back nearly 30 years, from starting as our banking account manager to a volunteer and finally as an employee. Ron was our dedicated Risk Coordinator at the Society, passionate about keeping everyone safe – and that he did.
Society Members
The Society has three types of membership starting with Volunteer Membership, which is open to any volunteer who has assisted the Society from time to time and is offered membership by the Society Board. Financial Membership is available to those who choose not to volunteer but would still like to have a connection with the Society and lastly, Honorary Life Membership, which is awarded to Volunteer Members by the Society’s Board and recognises the member’s outstanding service and contributions to the Society. The number of Honorary Life Members at any one time does not exceed 20.
Life Members
Our Life Members have contributed an enormous amount of passion and commitment to the Society throughout their lives and we are eternally grateful for their continued support. Several active members were even part of the original group that created the first Fieldays event.
Kaye Baldwin
Rod Bryant
Kerry Clarkin
Peter Crabb
John Davison
Lloyd Downing
John Gallagher
Allan Gough
Fraser Graham
Warwick Hay
Peter Carr
Stephen Hoffman
Chris Hughes
Barry Quayle
Russ Rimmington
Warwick Roberts
Alan Sharp
Ray Fowke
Valerie Millington
Frank Sargent
GOVERNANCE
Our Board
The Society is a Boardwide member with the Institute of Directors (IOD) demonstrating their commitment to governance in New Zealand and all of our Board holds this membership.
Jenni Vernon MNZM | President/Chair
Jenni is part of a family-owned and operated dry stock unit in the Waikato. She has nearly fifty years of governance experience, which started as a member of the Young Farmers Clubs. Currently, Jenni is a member of the NZ Geographic Board, a Justice of the Peace and works for central government on resource management policy development. A Nuffield and Kellogg scholar, Jenni has received several other awards for her leadership in the rural sector. She has been on the Society Board for ten years.
Tim Hale | Vice President
Tim is employed by AgResearch to manage the research farming operations and assist with facilities management at Ruakura. Positive about the future of agriculture, Tim believes you need to be involved to make a difference and to positively influence outcomes. Tim completed the Kellogg Rural Leadership course in 2008 and followed this with a postgraduate qualification in agribusiness management. Tim has been a member of the Society Board for four years.
Graeme Austin | Board Member
Graeme graduated from Massey University with a degree and postgraduate qualifications in Agricultural Science. For 35 years he has dedicated himself to supporting agriculture through various commercial ventures, including consultancy, rural finance, and sales in the seed industry. Currently, he serves as the National Business Manager at PGG Wrightson Seeds. Graeme sits on several boards, is a member of the Institute of Directors and NZIPIM and serves as a Justice of the Peace.
Lynette Pearks | Chair: Finance, Audit and Risk Committee
Lynette graduated from the University of Waikato with a Bachelor of Management Studies and is a member of Chartered Accountants Australia and NZ. She has 37 years of experience in general accounting and taxation, sits on several boards and has significant governance experience including Chairing Audit and Risk Committees, policy and risk reviews, strategic planning and annual operating planning. She is a member of the Institute of Directors, where she completed a Certificate of Company Direction.
Margaret Cameron | Chair: Events Committee
Margaret is in her first lead governance role with the Society having been elected to the role of Chair for the Events Committee in early 2023. Having been brought up on a sheep and beef farm in Hawke’s Bay, Margaret continues to be on the periphery of farming through her family’s involvement with the industry. She has been a volunteer for 16 years, at Fieldays and earlier on at Equidays. Margaret works for Safety Genius Ltd in a sales support role and is keen to help grow and support the Society into the future.
Barry Quayle | Chair: Structure Committee
Barry has had an extensive career in events management disciplines, leadership, and governance, including a broad range of project management and regional development roles. He has recent regional local government experience including a period as Chairman of the Waikato Regional Council. Barry is a member of the Agricultural Animal Ethics Committee, a Member of the Institute of Directors, Life member of NZNFS and was the General Manager at NZNFS for 20 years between 1991 and 2011.
Clint Gulliver | Chair: Assets and Facilities Committee
Clint is an Agribusiness Consultant with AgFirst Waikato, a position he began in June 2018 after gaining valuable experience over seven years in the dairy industry and three years as a rural bank manager. He became involved with the Society as a recipient of the inaugural Fieldays Future Leaders programme scholarship in 2015, which ignited his passion for leadership within the agricultural community. Since 2018, Clint has held several governance roles at the Society.
Mike Chapman | Board Member
Mike is the Chair of New Zealand Ethical Employers Incorporated, the Food & Fibre Capability Leadership Group, and the Bay of Plenty National Party Electorate Committee, and is a member of several boards. He assists other organisations with ethical employment, strategy, organisational structure, government relations, grower payments, and labour issues, and he maintains a blog on topical and sector-related issues. Mike has been the Chief Executive of Horticulture NZ, NZ Kiwifruit Growers Inc, and Kiwifruit NZ, and was a Director of Kiwifruit Vine Health.
Jo Finer | Board Member
Jo is the Chief Executive at the Institute of Primary Industry Management and an Independent Director for the UMF Honey Association. She previously worked at Fonterra, where she led stakeholder engagement and policy, global regulatory affairs, and food safety and quality. Alongside her management experience, Jo has spent time dairy farming, both as a sharemilker and on the family farm. Her background gives her a unique perspective on the challenges and opportunities in the primary industries today.
BoardPro
The Society have used BoardPro since early 2018, a cloud-based governance reporting software, which provides an efficient and concise recording platform of all board and board committee meetings delivering a consistent format and process for effective governance of the Society. BoardPro enables governance documents to be accessible to all board members and management from anywhere for ongoing reference. Using BoardPro eliminates the need to produce printed material, which meets the Society’s ongoing focus to reduce waste.
Relationship between Management and the Board
The Board and the Society work in partnership to govern and operate in accordance with the fundamental principles and agreed mission, objectives and values; recognise and respect the views, efforts and contributions of members; and act in accordance with the current strategic plan, operational plan, and other policies of the Society. A Board Charter sets out the governance requirements for the Society and provides terms of reference for the Board including responsibilities and authority. The Charter is read in conjunction with the constitution and board policies. The CEO is appointed and is accountable to the Board, through the President/Chair for the successful operation of the Society. The CEO reports directly to the President/Chair of the Society who acts on behalf of the Board in the capacity of Society employer. The Board delegates to the CEO the authority to manage the business and affairs of the Society and the ability to sub-delegate to other levels of management including but not limited to the Leadership Team. The Board sets annual performance targets for the CEO, based on the strategic plan. Members of the Board have been elected and co-opted to provide leadership, determine strategic and financial goals for the Society and ensure their implementation. The functions of the Board are to complement that of management.
Composition of the Board and Succession
The Board may have a maximum of ten members made up of four elected members, plus President/Chair, Vice President and not more than three co-opted members. The Board should be mindful of succession planning to ensure that institutional knowledge of the Board is retained; recognising the composition of the Board may change at each election. The Board should from time to time, determine any skill gaps to ensure thorough co-option, where necessary that the Board remains robust, with a complete set of skills and competencies. The Board should also plan to ensure that the composition should be diverse, where the individual and collective board members offer a wide and varied skill set.
Committees
The Board has the power to appoint board committees who report back to the full board. Currently, the Board has four permanent committees each with individual terms of reference. These include the Finance, Audit and Risk Committee; the Assets and Facilities Committee; the Structure Committee and the Events Committee. A full review of all board policies is driven by the Finance, Audit and Risk Committee before being ratified by the Board. All policies are reviewed annually. In addition, the Board may, from time to time, establish other committees. Unless explicitly empowered by the Board, board committees cannot make binding board decisions or speak for the Board. For the most part, the function of board committees is to make non-binding recommendations to the Board.
Conflicts of Interest
The Board expects members both Individually and collectively, to act ethically and in a manner consistent with the values of the Society. Each board member will minimise the possibility of any conflict of interest with the Society by restricting involvement in other business that would likely lead to a conflict of interest. Where conflicts of interest do arise, board members will excuse themselves from relevant discussions and will not exercise their right to vote in respect of such matters.
FINANCIAL OVERVIEW
Following on from the last financial year, The Society continued with a strategy focusing on cost-containment and close monitoring of non-essential expenditure.
2024 Finance Report
The Society's 2024 financial results reflect a return to the traditional annual cycle following a significant operational year in 2023, where two Fieldays events were hosted due to the postponement of the June 2022 event to November 2022. With only one Fieldays event held in 2024, both revenue and expenditure have adjusted to reflect a single event’s operations.
In alignment with a conservative fiscal approach, the Board have approved the budget for the 2025 year prepared by management. This forecast confirms that the Society can operate sustainably within its available cash and debt facilities while projecting a break-even financial result.
The Board and management are committed to maintaining adequate liquidity and managing operational cash flow by:
- Focusing on cost reduction and operational efficiencies
- Deferring non-critical or discretionary expenditures, both operating and capital
- Retaining the ability to divest key assets if necessary to satisfy debt obligations.
Financial Performance Overview
Revenue for the 2024 financial year totalled $10.9 million, a decrease of $6 million from the prior year. This shift primarily reflects the two Fieldays events in 2023 and the reversion back to a single event in 2024. The Society's revenue streams continue to comprise sponsorship income, Fieldays event income, and property income generated from leased assets, alongside additional income from events at the Mystery Creek Events Centre.
Expenditure for the year was $10.4 million, down from $13.9 million in 2023. This reduction corresponds to the lower costs associated with a single Fieldays event. Salaries and wages remain stable with ongoing staffing requirements, while property expenses decreased to $0.76 million as deferred maintenance spending was minimised in 2024.
In 2024, the Society’s debt levels were managed through an ASB Commercial Credit Facility, which provided liquidity support essential for the organisation’s cash flow stability. The Society successfully reduced its overdraft from $2.3 million to $1.2 million by the year-end, maintaining compliance with all debt covenants. The forecast for the coming financial year supports the Board’s belief in the appropriateness of the going concern assumption, with expectations to meet debt facility requirements and return to profitability under current assumptions.
NZNFS | Income from the Society’s land assets, memberships, investments and grants | $0.2M |
Fieldays | Income from the Society’s owned event Fieldays | $9.6M |
Mystery Creek Events Centre | Income from the Society’s owned venue Mystery Creek Events Centre | $1.0M |
Statement of Comprehensive Revenue and Expenses
The information below was extracted from the full financial statements as audited by KPMG.
For the year ended 30 September 2024
($ rounded in hundreds)
Notes | 2024 | 2023 | |
Major Event - Fieldays |
| 9,662,500 | 16,142,300 |
Mystery Creek Events |
| 1,023,100 | 453,300 |
Property Rental Income |
| 127,900 | 319,500 |
Other Revenue | 3 | 105,300 | 500 |
Total Operating Revenue |
| 10,918,800 | 16,915,600 |
Operating expenditure |
| ||
Major Event - Fieldays |
| 3,369,600 | 7,143,700 |
Mystery Creek Events |
| 166,800 | 132,900 |
Overheads |
| ||
Audit fees | 2 | 37,500 | 38,100 |
Interest |
| 266,000 | 187,100 |
Salaries and wages |
| 3,380,300 | 3,285,700 |
Other overheads |
| 1,345,800 | 1,064,100 |
Property expenses |
| 755,300 | 943,200 |
Depreciation |
| 1,059,600 | 1,085,400 |
Loss on disposal |
| - | 5,300 |
Total operating expenses |
| 10,380,900 | 13,885,900 |
Surplus for period |
| 537,900 | 3,030,100 |
Total comprehensive revenue and expense for the period |
| 537,900 | 3,030,100 |
SOCIAL & ENVIRONMENTAL SUSTAINABILITY
We’ve made meaningful strides across our social and environmental sustainability initiatives over the past year, guided by a commitment from our Board to leave the property we own and the community we are part of, in a better state than we found it.