Cedar Woods Properties Limited announced the resignation of Mr. Stephen Pearce, Independent Non-Executive Director, effective January 20, 2017. Mr. Pearce has been appointed Finance Director of Anglo American plc and is relocating to London. The following changes to the company's committees are also effective January 20, 2017: Ms. Valerie Davies joins the Nominations and Human Resources & Remuneration Committees and Mr. Robert Brown joins the Audit & Risk Management Committee.