Horwood's resignation is effective from 28 February 2013, and the company has appointed Rick Lee as chairman from that date.
"I would like to sincerely thank Brian for his significant contribution to the company’s successes over the last nine years," said nanaging director Peter Botten. During Brian’s term as chairman, the company has delivered an unprecedented period of growth and value creation for its shareholders, primarily underpinned by the sanctioning of the PNG LNG project.