Orbital Corporation Limited announced that, effective immediately, Mr. John Welborn has been appointed as Chairman of the Company, and Mr. John Poynton AM has been appointed a Non-Executive Director. These positive changes to the Board are part of the ongoing restructure of Orbital's business and have been planned and managed by the existing Board led by outgoing Chairman Dr. Merv Jones. As part of the Board changes, Dr. Jones and Dr. Vijoleta Braach-Maksvytis, who were both appointed as Directors in March 2008, have retired as Non-Executive Directors.

Mr. Welborn was appointed a Non-Executive Director of Orbital in June 2014 and has since served as Chairman of the Board's Audit Committee. Working with Managing Director Mr. Terry Stinson, Mr. Welborn has been a key driver of the Boards aggressive growth strategy focused on investments in innovation and the commercialisation of both existing and new technologies as a vehicle to deliver revenue growth, increase profitability and build shareholder value. Mr. Welborn is a Fellow of the Institute of Chartered Accountants in Australia, a Fellow of the Australian Institute of Management, and holds membership of the Australian Institute of Mining and Metallurgy, the Financial Services Institute of Australasia, and the Australian Institute of Company Directors.