Dyson Group plc ("Dyson" or the "Company"), the materials technology group, is pleased to announce the appointment of Patrick Lammers as the Company's new Chief Executive Officer. Patrick, who will take up his position on 1 December 2007, succeeds Mike O'Brien, who will retire at the Company's forthcoming AGM on Friday, 21 September 2007. Patrick, who has a technical background, is currently Managing Director of Dureal, a subsidiary of Univar NV ("Univar"), a chemicals supplier. Dureal was created by Univar in response to the tightening automotive emissions requirements in Europe and the USA. Prior to this, Patrick spent 14 years at the Shell Group ("Shell") in a range of engineering and commercial management roles. Latterly, with Shell International Oil Products, he was Regional Commercial Manager, Europe, Middle East and Africa for Shell Car Care International. Although primarily involved in the worldwide automotive industry, Patrick has been active in the commercialisation of new products in a series of other markets and has developed strategic client relationships on a global basis. During his time at Shell and Univar, he has gained significant experience in both the creation and development of growth businesses like Dyson, as well as managing a number of difficult turnaround situations. Patrick, aged 42, is a multi-lingual Dutch national with a degree in Industrial Engineering. He is also a member of the US Automotive Manufacturers Association. Following his appointment, Patrick will re-locate to the UK and be based at the Group's head office in Sheffield. Dr Christopher Honeyborne, Chairman of Dyson, said: "Patrick was chosen from a strong field of candidates, who were attracted by the exciting opportunities offered by this CEO role, and I am very pleased that he has agreed to lead the business. We believe that his experience of our core and growing markets, combined with his industrial engineering discipline, energetic personality and management skills, will enable him to realise further shareholder value from the growth opportunities that exist at Dyson."
Patrick is currently a director of Univar NV and he will resign this directorship on 1 December 2007. There are no further matters requiring disclosure in relation to the appointment of Patrick Lammers pursuant to the requirements of Listing Rule 9.6.13 paragraphs (1) to (6).
|
