Information  X 
Enter a valid email address

Xaar PLC (XAR)

  Print      Mail a friend       Annual reports

Tuesday 17 October, 2000

Xaar PLC

Re Directorate

Xaar PLC
17 October 2000

                        Xaar plc

                      Board Changes

Xaar  plc, the Cambridge-based inkjet technology company,
has  today announced the following board changes. It  has
been  mutually agreed that Graham Wylie  will  resign  as
Chief  Executive Officer with immediate effect. The Board
has  appointed  Jan Fineman, previously Group  Operations
Director, as his successor.

Commenting on the changes, Arie Rosenfeld, Chairman, said

'Graham has achieved a great deal in taking Xaar from its
earliest  days  as  a small R and  D  house  to  our
position  today as a key player at the forefront  of  the
digital  printing revolution.  We thank him for  all  his
efforts and dedication and wish him well for the future.

The  Board  has now chosen Jan Fineman as the  new  Chief
Executive to lead Xaar through the next exciting phase of
its  growth in rapidly changing markets.  Inkjet  is  now
widely  accepted  as  a key  technology  for  the  entire
printing  industry, not just desktop printing;  Xaar  has
enormous  potential  to  emerge as  one  of  the  leading
players  in  a  global  industry that  is  now  demanding
digital  solutions.  We believe that Jan and  the  senior
executive  team  have the right skills to capitialise  on
that potential.'

Jan  Fineman, aged 41, is a Swedish national, who has had
responsibility  for  all aspects of operations  at  Xaar,
including   technology   development,   engineering   and
manufacturing.   He has been with Xaar since  April  1999
when  the  company  of  which he was  Managing  Director,
Modular  Ink  Technology (MIT),  was  acquired  by  Xaar.
Prior   to   joining  MIT,  he  held  senior   technical,
operational,  strategic planning and  general  management
roles  in  the life science instrumentation  division  of
Pharmacia,  (subsequently spun out as  Biacore  AB),  and
the  semiconductor division of ABB.  He holds an  MSc  in
chemical   engineering  for  The   Royal   Institute   of
Technology in Stockholm.

Arie Rosenfeld, Chairman                   01223-423663
Jonathan Lowe, Finance Director

Buchanan Communications
Lisa Baderoon                              020-7466-5000