Saskatchewan Wheat Pool Inc.

Saskatchewan Wheat Pool Inc.

November 03, 2005 10:19 ET

Pool Announces the Incorporation of the Western Farm Leadership Co-operative

REGINA, SASKATCHEWAN--(CCNMatthews - Nov. 3, 2005) - Today, Saskatchewan Wheat Pool Inc. (TSX:SWP) announced the incorporation of the Western Farm Leadership Co-operative (FLC). The FLC, a producer-led organization funded by the Pool, will provide educational and training opportunities to help producers maximize the value of their operations. It will support producer innovation and leadership in prairie communities through professional development initiatives.

The FLC will offer valuable input at the local level as the Pool develops commercial programs and services that meet the increasing requirements of today's farm customer. FLC delegates will also nominate a minimum of four candidates and two alternates to be included on the Pool's Board of Directors slate approved by shareholders annually.

"The Pool was founded by prairie farmers who had a set of common beliefs and values that became the foundation of prairie life. Enhancing this vital link will serve the Pool, farmers and their communities across Western Canada as we seek common solutions to create value within the agricultural industry," said Terry Baker, Chairman of the Pool's Board of Directors and an FLC member.

With respect to day-to-day operations, the FLC is pleased to announce the appointment of Ms. Linda Pipke as its Executive Director. Working with the FLC Board of Directors, Ms. Pipke will be responsible for advancing the co-operative's objectives in areas such as relationship management, program implementation and policy development. Ms. Pipke joins the FLC from the Saskatchewan Council for Community Development (SCCD) where she served as Executive Director for ten years, specializing in developing successful partnerships with business and community stakeholders to achieve common goals.

"Leading this new and vibrant organization is an exciting opportunity. Our mission is to improve the business of farming and we hope to do that by creating a forum for producers to grow professionally and to interact with the Pool at the corporate and local levels on issues between them," said Ms. Pipke.

The core of FLC's democratic structure will consist of 80 delegates elected from 16 membership districts across Saskatchewan, Alberta and Manitoba. Once the delegate body is established, an election will be held to determine who will sit on FLC's Board. The Board will be comprised of 16 Directors. Both delegate and director terms will last two years.

Following is a timeline for the electoral process:

Nomination period for delegates: October 24 to November 4

Elections (if required): November 14 to November 25

The founding meeting of all delegates will held in Regina on December 14.

Contact Information

  • Saskatchewan Wheat Pool
    Peter Flengeris, Investor Relations & Communications
    Media Contact
    (306) 569-4525