TerraCom Limited announced that the board and management changes will come into effect at the end of March 2021. Chairman, Mr. Wal King, has decided to retire and has tendered his resignation and will be leaving the Board due to personal health reasons. Whilst Mr. King is stepping down from the Board, he will remain involved with the company in an advisory capacity, via an appropriate consulting agreement. Executive Deputy Chairman, Mr. Craig Ransley, will become Executive Chairman and Chief Executive Officer, Mr. Danny McCarthy, will move into the role of Managing Director and will apply from April 1, 2021.