BRITISH Wool's board of directors has appointed Andrew Hogley as acting chief executive officer. This appointment is effective immediately following Joe Farren’s decision to step down.

“We are fortunate to have someone of Andrew’s calibre and experience to step up to lead British Wool,” said chairman, Jim Robertson. “Andrew has worked very closely with Joe over the past three and a half years and has an excellent understanding of the complexities of our business and the markets we serve. The board look forward to working with Andrew, ensuring we continue to represent the best interests of our producers and in maximising the value of their wool.”

Mr Hogley commented: “I am honoured and excited to lead British Wool. I fully understand the challenges we face over the coming months and years and feel we have the right strategy in place to tackle these ensuring we start to give real value back to producers for their wool over the long term.”

Speaking on behalf of the board, Mr Robertson commented: “We very much appreciate Joe’s efforts and would like to thank him for his immense contribution to the organisation during his tenure as CEO and we wish Joe the very best in his future endeavours.”