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Oil and gas explorer Magnolia Petroleum PLC said on Thursday that Non-Executive Chairman Thomas Wagenhofer has stepped down.
Ron Harwood will be the interim chairman until the company finds a permanent replacement for Wagenhofer.
Wagenhofer will stay at Magnolia for a month to handle the transition to Harwood.
The U.S.-focused company said Wagenhoger is leaving Magnolia to focus on his other business commitments.
