Adelaide-based Dillon, who stepped up when John Maher quit in May, has also been appointed managing director following what the company says was an extensive search.

“With his extensive knowledge of the sector, operational capabilities and strong leadership skills, Travis is well placed to lead Ruralco through its next phase of development,” Ruralco chairman Richard England said.

Dillon joined Ruralco in 2007 and has held several senior leadership roles, including general manager – mainland operations, general manager – rural retail and was appointed acting CEO on May 4, 2015.

New Rural CEO, Travis Dillon.

Ruralco is a leading Australian-owned agribusiness working in rural merchandise, wool, livestock, fertiliser, grain, seed and stock feed through to risk management, real estate, water management, finance and insurance.

During his tenure, Dillon oversaw all rural operations including livestock, wool, merchandise, live export and real estate.

These businesses consist of joint venture and 100 per cent owned operations and include some iconic rural services brands such as Rodwells, Primaries of WA, GDL, BGA and Davidson Cameron & Co.

Dillon, who has worked in the agribusiness industry for more than 20 years, will relocate from Adelaide to Sydney, will receive fixed remuneration before bonuses of $750,000 from the start of his term on November 16.

with AAP