Steve Hare appointed Chief Financial Officer of Invensys

Steve Hare appointed Chief Financial Officer of Invensys

Invensys plc announces that Steve Hare will be joining the Board as Chief Financial Officer on 21 July 2006.

Steve is currently Group Finance Director of Spectris plc, the precision instrumentation and controls company. Prior to joining Spectris in 2004, he was a founding partner of HBA Partners LLP, an operational turnaround and business support consultancy. Between 1997 and 2003, he was with Marconi, latterly as a director and Chief Financial Officer, where he was involved in the company’s financial restructuring. Previously, he spent eight years with GPT, the joint venture between GEC and Siemens.

As announced on 2 February 2006, Adrian Hennah will be leaving the Group on 9 June 2006 to take up an appointment as Finance Director of Smith & Nephew plc.

Ulf Henriksson, Chief Executive of Invensys plc, commented:

“Steve has considerable experience with complex capital structures and operational turnarounds and I look forward to working with him on the next stage of Invensys’ recovery.”