Niko Resources announces resignation of board chairman and interim CEO

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13 April 2016, Oil, Gas

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The Company is pleased to announce the appointment of Mr Robert S. Ellsworth Jr. to its Board, effective immediately. Mr Ellsworth previously served as the Global Co-Head and Chief Operating Officer of BlackRock's $20+ billion, multi-manager hedge fund business.

Niko also wishes to announce that it has accepted the resignations of Messrs. Vivek Raj and Steven K. Gendal as directors from the Board. The Company thanks both Mr Raj and Mr Gendal for their years of dedicated service to the Company, including their significant contributions in helping re-position Niko for the future.

The Board now is comprised of Kevin J. Clarke, E. Alan Knowles, William T. Hornaday, Christopher Rudge, and Robert S. Ellsworth Jr.

Source: MarketLine

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