British Wool has announced that its board has appointed Andrew Hogley as their permanent chief executive officer (CEO).

"Since stepping up to the acting CEO role in November, Andrew has done an excellent job driving the business forward and implementing the restructuring plans we announced at the beginning of the year," said chairman, Jim Robertson.

"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."

Hogley commented:

I am honoured to have been appointed to the role and am very much looking forward to leading the business into the new season, as we continue to recover from the aftereffects of the pandemic.

A graduate of Trinity College, Cambridge and a Chartered Financial Analyst, Hogley worked in the city as an equity research analyst for 16 years prior to becoming director of wool sales and producer services at British Wool.

Changes to haulage charge

Earlier today, British Wool confirmed that they are enhancing the service offering with onward carriage fees at all approved collection sites from this season, being abolished.

Andrew Hogley, CEO of British Wool said: “Throughout the pandemic British Wool’s depots and collection sites remain open in a Covid secure manner, and we continue to accept all types of wool from all producers, a principle which lies at the core of our cooperative ethos.”

Abolishing the onward carriage fees for approved collection site demonstrates our commitment at British Wool in delivering a high level of service and also enhancing our service offer to producers.

Hogley added: "A small number of producers chose to hold on to their wool last year.

"This meant we handled less wool which had a negative impact on our operating cost per kilo.

"The more wool we handle, the more cost effective our operations become, which in turn allows us to return more value to all producers," he concluded.