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4 December 2008
Sir Nigel Rudd to become Chairman of Invensys plc
Invensys plc, the technology company, is pleased to announce that Sir Nigel Rudd will be joining the Board of Invensys plc as a non-executive director and Deputy Chairman on 1 January 2009. It is intended that he will become Chairman with effect from the date of the retirement of the present Chairman, Martin Jay which, as previously announced, is due to take place following the Annual General Meeting in July 2009.
Sir Nigel is Chairman of BAA Limited and Pendragon PLC and a non-executive director of Barclays Bank PLC (and Deputy Chairman), BAE Systems plc and Sappi Limited. His previous chairmanships include Alliance Boots, Pilkington, Williams and Kidde.
Martin Jay commented:
"I am delighted that I will be able to hand over to such an experienced individual as Nigel when I retire from the Board next year. His extensive industrial knowledge together with his considerable record of being chairman of major public companies are ideally suited to help Invensys on the next stage of its journey."
Sir Nigel Rudd commented:
"Invensys is now at an interesting point as it moves to build upon the sound financial and operational foundation that has been created. I look forward to working with the Board and the executive team in the next stage of the Company's development."
Contact:
Invensys plc Steve Devany tel: +44 (0) 20 7821 3758
Annabel Michie tel: +44 (0) 20 7821 2121
Financial Dynamics Andrew Lorenz tel: +44 (0) 20 7269 7121
Richard Mountain
This information is provided by RNSThe company news service from the London Stock ExchangeENDBOATJBLTMMBMBRP