Wellard Ltd. announced that the company's Chairman, Mr. David Griffiths, has decided to step down from the Chairmanship of the company, and the position has been assumed by existing non-executive director Mr. John Klepec. Mr. Griffiths remains a Director of the Company but has signalled his intention to retire from the role by the end of this financial year. Mr. Griffiths has been a Director and Chairman of Wellard since November 2015, and has worked tirelessly during the recent very difficult market conditions.