1st Jun 2015 07:05
LONDON (Alliance News) - New World Resources PLC on Monday announced numerous changes to its board including the appointment of Dale Ekmark as the company's new chief executive from the start of 2016, as the miner's chief financial officer also resigned.
The company, which does not currently have a chief executive, said Ekmark is the Managing Director of OKD, which is a division of the company's NWR Holdings subsidiary focused on the production of coal from four mines in the Czech Republic. Ekmark will remain as managing director of the division.
"I am delighted that as from next year, Dale will take responsibility for the combined post of OKD and NWR CEO. This will provide for a more efficient operating structure and greater synergies across the group. Dale has been highly successful at transforming OKD under difficult circumstances and will contribute even more now in this combined executive role," said Chairman Gareth Penny.
Penny will remain in his role focusing, in particular, on the development of the company's strategy and its response to evolving conditions in the coal markets.
In addition, Chief Financial Officer Marek Jelínek has resigned and will leave the company at the start of September. Chief Legal Officer Boudewijn Wentink will become finance and legal director of the company as a result of Jelínek's departure.
By Joshua Warner; [email protected]; @JoshAlliance
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