The shareholders of Lakeland Dairies have voted in favour of adopting new rules aimed at modernising the co-operative.
At a special general meeting (SGM) held in Cavan on Tuesday, some 98% of Lakeland Dairies members voted for a suite of changes to the co-op’s rule book.
Speaking following the vote at the SGM, Lakeland Dairies’ chair Niall Matthews said it is “one of the most transformative times in the history of the co-operative movement”.
“We are seeing considerable change coming to farming and with change comes opportunity. I’m a firm believer that having as many voices as possible from diverse backgrounds within our co-operative helps continually to foster progressive ideas and strategies.
“We are a modern co-op with a large supplier base. Therefore, I am also pleased to see the option for in-person as well as hybrid voting for board elections being carried.
"We want to ensure that every eligible shareholder has a voice in an election for their board and this will help farmers have options on how to vote – which is a critical component of a democratic co-operative,” he said.