The Board of Directors of Gedeon Richter Plc. informed its shareholders that Mr. William de Gelsey, with effect from January 01, 2017 intends to resign from his position as Chairman of the Board, whilst leaving unaffected his status as a member of the Board. The Board of Directors on a meeting held on 5 December 2016 elected its member, Mr. Erik Bogsch, chief executive officer, as the chairman of the board of directors, with effect from 1 January 2017.