APPOINTMENT OF CHIEF EXECUTIVE DESIGNATE

RNS Number : 7969V
Spectris PLC
26 July 2018
 

 

 

SPECTRIS PLC

APPOINTMENT OF CHIEF EXECUTIVE DESIGNATE 

26 July 2018 - The Board of Spectris plc (SXS: LSE), the productivity-enhancing instrumentation and controls company, announces that Andrew Heath will join the Board as Chief Executive Designate with effect from 3 September 2018.

 

In May, the Company announced that John O'Higgins, Chief Executive of Spectris plc, had informed the Board of his intention to retire from the Board and that a search for his successor had commenced. The Board is delighted to have recruited Andrew Heath to succeed John O'Higgins who will work closely with Andrew during September to ensure a smooth transition. John will step down from the Board and the role of Chief Executive no later than 28 September 2018, when Andrew will assume the role of Chief Executive of Spectris plc. John will remain available to support Andrew and the Board until 23 May 2019.

 

Andrew brings a wide range of executive and leadership expertise to Spectris, with proven experience in technology enabled businesses and a track record of delivering shareholder value. He previously served as CEO of Imagination Technologies Group plc from 2016 to 2018* and before that was CEO of Alent plc**. Prior to this, Andrew had a 30 year career with Rolls Royce plc where he held a number of international and management roles, latterly serving as the President of Energy from 2010 to 2015.

 

Andrew commented: "I am excited to be joining Spectris. The Group has great potential, given its focus on customers, outstanding talent, valuable technology and leading market positions. I have spent much of my career taking innovative technology to market, in conjunction with developing services and solutions that deliver further value to customers, and this is fully aligned with Spectris' strategy. Spectris is well positioned to continue its growth and I look forward to working with the team to enhance the value proposition for our employees, customers and shareholders."

 

Mark Williamson, Chairman, commented: "Andrew has broad experience in the technology and engineering sectors where he has successfully developed and executed strategies across a diverse range of industries. The Board has great confidence in Andrew's ability to lead Spectris in the next phase of its journey and deliver on its strategy."

 

"John has had a very successful 12 years as Chief Executive of Spectris and on behalf of the Board, I would again like to thank him for his substantial contribution during this time. When he leaves the Board, it will be with our very best wishes for the future."

 

*Director of Imagination Technologies Group plc from August 2012 to March 2018 and Chief Executive from February 2016 to March 2018

**Director and Chief Executive of Alent plc from March 2016 to December 2016

 

Contacts:

Spectris plc

Siobhán Andrews, Head of Corporate Affairs                     +44 1784 485325

FTI Consulting

Richard Mountain / Susanne Yule                                        +44 203 727 1374

ABOUT SPECTRIS

Spectris plc is a leading supplier of productivity-enhancing instrumentation and controls. The Company's products, technologies and services help customers to improve product quality and performance, improve core manufacturing processes, reduce downtime and wastage and reduce time to market. Its global customer base spans a diverse range of end-user markets. Spectris operates across four business segments which reflect the applications and industries it serves: Materials Analysis, Test and Measurement, In-line Instrumentation and Industrial Controls. Headquartered in Egham, Surrey, United Kingdom, the Company employs approximately 10,000 people located in more than 30 countries. For more information, visit www.spectris.com.

 

 

 


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Spectris (SXS)
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