Mike Blyth of Anglo Pacific Group (AIM:APF) is to retire from his role as Non-Executive Director, announced the company in a morning Friday statement.
London-listed Anglo informed investors that Blyth, who has served the Board as both Non-Executive Director and Chairman, intends to retire after the company’s Annual General Meeting on 11 May 2020.
Blyth, who currently serves as Chair of the Audit and Remuneration Committees, has been described as being ‘instrumental’ to the Board.
Shares in Anglo Pacific Group were trading 1.16% higher at 180p on Friday morning.
"We are immensely grateful to Mike for his six years of service,” said Patrick Meier, Chairman of Anglo Pacific.
He added, “Mike has played a vital role on the board and his experience, commercial acumen and attention to good governance has proven invaluable to Anglo Pacific.”
Anglo explained that following Blyth’s retirement, Vanessa Dennett and Graeme Dacomb will assume the Chairs of the Remuneration Committee and Audit Committee, respectively.
Jim Rutherford will assume the role of Senior Independent Director, with immediate effect, the statement added.
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