New World Resources Plc ('NWR' or the 'Company'), announces that Mr. Klaus-Dieter Beck resigned from the Board of Directors of NWR (the 'Board'), with the resignation taking effect from 31 March 2013.
Mr. Beck joined the Board on 8 April 2011 as an Executive Director, and since 12 June 2007 has served as CEO and chairman of the board of directors of OKD, a.s. ('OKD'). Following his retirement as CEO of OKD as of 31 December 2012, he became a Non-Independent Non-Executive Director of NWR.
The Board and management of NWR would like to thank Mr. Beck for his time and services provided to NWR. We wish him well in his future business ventures.
Mr. Jan Fabian, CEO of OKD and Executive Director of NWR, said: "Klaus who served as CEO of OKD between the years 2007-2012 transformed the once state-owned OKD with many legacies and operational issues into the regional leading coal mining company with strong and improving safety record and operational efficiency. As a director of NWR he brought to the table his invaluable experience and insights in the field of deep underground coal mining. His thorough knowledge of German, American, as well as other coal mining businesses globally helped NWR in establishing an operational platform we can build upon."