Ceylon Graphite Corp. announced that Bharat Parashar has decided to retire as Chairman of the Board of Directors of the Company. Bharat will continue to advise the incoming CEO to ensure an orderly transition. Donald Baxter, P.Eng. will step up from current role as Director to assume the Chief Executive role. Don is one of the premier graphite experts outside of China, having built one of only two producing graphite mines in North America.