Environmental Clean Technologies Limited (ECT) (ASX:ESI) announces that its Chairman, Dave Woodall, has recently returned from a seven week leave of absence, and has advised of his intention to retire from the Board effective close of business Friday 8 July 2011.
Meanwhile, Mr Woodall will continue to work with Directors and management to assist with finalising the company’s strategic direction post termination of the Tincom joint venture which will be advised to Shareholders in due course.
The ECT Deputy Chairman, Mr John Hutchinson, will become Chairman when Mr Woodall steps down. Mr Hutchinson expressed his appreciation for Mr Woodall’s commitment to ECT since his appointment in April 2008. The Company made strides in corporate governance and in securing and commercialising the Coldry technology under his leadership. On behalf of the Board Mr Hutchinson thanked Mr Woodall for his contribution.
For Further Information Contact:
Kos Galtos – Chief Executive +61 3 9909 7684 or [email protected]