Palmer stays at Wrightson helm

Mr Palmer says the past three years have been challenging, leading the company from a position of unsatisfactory performance to a position where it is now performing strongly.

"The improvement in Wrightson's performance over the last three years is a testament to the sound strategies that it is pursuing.

"I am looking forward to leading the company as it continues to pursue its growth strategies and build further shareholder value," he says.

Mr Palmer has previously picked that the company will deliver strong earnings before income and tax for the year ended June, although bottom-line profit is likely to be affected by tough times in Uruguay and a $1.86 million settlement with Rabobank.

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