Markets

Livestock financier makes senior management appointments

Beef Central, 24/05/2017

LEADING Australian and New Zealand livestock finance provider, StockCo, has made two senior appointments this week, adding to its Australian executive team.

Tim Pryor

StockCo’s new chief operating officer, Tim Pryor

Experienced agribusiness executive Tim Pryor has been appointed chief operating officer. Mr Pryor has held management and executive positions at Landmark, CBA and most recently as head of agribusiness at Bank of Queensland.

Also recently joining StrockCo in the role of Credit Manager Australia is Graham Leathem.

Mr Leatham is an experienced agribusiness credit professional who previously held the role of regional credit manager for North East Australia with Landmark.

StockCo Australia CEO, Richard Brimblecombe, said the company had experienced tremendous growth over the past three years.

“The appointment of Tim and Graham reflects our commitment to provide outstanding service and market leading livestock funding solutions to Australia’s livestock producers,” he said.

StockCo’s Australian operations are managed out of Brisbane, where Tim and Graham will be based.

StockCo group managing director Marcus Kight said the company now had more than 400 accredited livestock funding specialists supporting its rapidly growing customer base across every State and Territory.

“The appointment of Tim and Graham to senior roles to support our Australian CEO reflects our confidence in Australia’s livestock industries and our commitment to providing innovative livestock funding solutions to Australia’s livestock producers,” Mr Kight said.

 

About StockCo

StockCo was formed in 1995 and is Australia and New Zealand’s leading specialist livestock funder, with market-leading products which have become an important funding tool for Australia’s livestock producers. The benefits of StockCo’s livestock funding are:

  • Access to funding up to 100pc of the purchase price of livestock for trading, backgrounding and finishing purposes.
  • Finance charges are payable at the time of sale of the livestock.
  • Security is taken over the livestock funded, leaving existing security arrangements with the client’s bank unaffected.
  • Facilities are designed to enhance client relationships with their existing banks. This is achieved by assisting clients to generate additional income from their existing asset base, or by increasing the scale of operations, without disrupting existing facilities or security arrangements with the client’s bank.

 

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