Tanfield Group plc announced a directorate change following the change in the status of the company to an investing company. The company announced that employment of the executive directors namely Darren Kell, Charles Brooks, and Brendan Campbell, have now been terminated by the company in accordance with a condition of the sale of the Powered Access business and the executives have also resigned as Directors from the company. The current three non-executive directors will remain on the board on a reduced remuneration base to reflect the changed status of the company.