RM-SYSTÉM»Události»NWR - Resignation of Director

NWR - Resignation of Director

09.12.2013 08:05
New World Resources Plc ('NWR' or the 'Company'), announces that Mr. Jan Fabian has resigned from the Board of Directors of NWR (the 'Board'), as well as from the position of CEO of OKD, a.s. ('OKD'), with the resignation taking effect from 31 December 2013.

Jan Fabian joined the Board as Executive Director of NWR with effect from 1 January 2013. From the same date, he became the CEO, and chairman of the board of directors of OKD, the principal subsidiary of NWR. He previously served as Chief Operating Officer of NWR with overall responsibility for the coke operations and the Polish business operations of NWR KARBONIA.


The Board and management of NWR would like to thank Jan for his time and dedication to NWR and we wish him well in his future business ventures. Jan will further advise the Company on an as-needed basis in the role of an independent advisor.


Mr. Gareth Penny, Executive Chairman of NWR, said: "Jan has led OKD through one of the most difficult years in OKD's history and successfully started off necessary changes that will transform OKD into a much leaner and efficient organisation, an organisation that will be able to withstand the unprecedented market challenges. Among OKD's achievements under Jan's leadership are successful cost containment, continued improvement in safety performance, centralisation of mine management, and closing a new collective agreement with OKD's trade unions for the next five years. "


From 1 January 2014 NWR intends to simplify its overall management structure. There will be no replacement for Jan's position on the boards of NWR and OKD. A Managing Director will now lead the management team at OKD. The Company has appointed Mr. Dale Ekmark in this position.


Mr. Ekmark is a US citizen and has worked previously in various senior leadership positions for a number of mining companies, including AMG Mining Ltd., Sydvaranger Gruve AS, Cleveland Cliffs, Placer Dome, DeBeers and Kazakhmys Plc. He joined NWR in August 2013 as Head of mining transformation.

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