Hawthorn Resources (ASX:HAW) has announced its Managing Director and Chief Executive Officer, Mark Kerr will retire from the company effective the last day of this year.

Mr Kerr has been with the company for 16 years as the Founding Chairman, and says he leaves knowing the company has never been in better shape:

?The recent Mt Bevan JV partnership with Atlas Iron/Hancock Magnetite Holdings and our foundation JV partner, Legacy Iron Ore was a significant achievement.?

Non-Executive Director Brian Thornton will become the interim CEO until further notice.

Hawthorn Resources? share price closed up 8% today.