Department 13 International Limited announced that Gavin Rezos will retire as a non-executive Director at the end of the 2017 financial year being 30 June 2017, but will continue his involvement with the company thereafter as an advisor to the Board on matters of strategy. Mr. Rezos' experience in start-ups, commercialisation and financial markets is now complemented by the recent appointment of Sydney based Director, Tim Davies, who has significant successful commercialisation and funds management experience. Mr. Davies previously worked as an associate director with Goldman Sachs, and a portfolio manager with Ellerston Capital and Caledonia Investments.