Wentworth declared that Richard (Rick) Schmitt, Chief Executive Officer, has made a decision to resign due to unforeseen personal circumstances. Rick will remain with Wentworth as a Non-Executive Director and in that role will continue to provide his valued expertise. Following his resignation, Geoff Bury will become Managing Director reporting to Bob McBean as Executive Chairman.

Bob McBean, Wentworth Executive Chairman commented, "We are very grateful for Rick's contribution to Wentworth and respect and support his decision to take a reduced role."

Tags: Wentworth Resources Limited