25th Apr 2006 15:25
Pace Micro Technology PLC25 April 2006 Pace Micro Technology to appoint new Chairman Pace Micro Technology plc has today announced the appointment of a newnon-executive Chairman, Mike McTighe. He succeeds current chairman Sir MichaelBett, 71, who retires from the Pace Board after six years' service. MikeMcTighe, Pace's senior independent director, has been a non-executive directorsince June 2001 and will take over as chairman on 1st May following SirMichael's retirement. Mike McTighe is a director of London Metal Exchange Holdings Ltd and anon-executive director of Alliance & Leicester plc. In addition, he has held arange of senior roles within the global telecommunications and technologiessectors, including executive director and chief executive of Global Operationsat Cable & Wireless plc. Sir Michael Bett commented: "I'm delighted that I can hand over the Pacechairmanship to such an experienced and capable individual at this importanttime in the Group's business development. Mike has considerable industryexperience, which together with his business background, makes him the idealcandidate to take on the chairman's role. "With Mike's appointment today and Neil Gaydon's appointment as chief executiveofficer earlier this month, Pace now has a strong leadership team in place totake the Company forward into its next stage of development." Mike McTighe added: "Sir Michael has provided excellent leadership for Pacesince joining the Board in 2000. He has led us through some of the mostchallenging periods in Pace's history. On behalf of the Board I would like tothank him for his important contribution." Pat Chapman Pincher, who has been on the Pace Board since February 2005, willbecome the Company's senior independent director. -ends- About Pace Micro Technology Pace Micro Technology plc (pic.l) is a leader in digital television technology.The Company's primary focus is the development of innovative set-top boxsolutions for operators, broadcasters, telecommunications companies and retailmarkets worldwide. Pace's head office is in Shipley West Yorkshire, with further offices in theUSA, Hong Kong, Germany and France. For further information, please visitPace's web site at www.pacemicro.com. Media contacts Ginny Pulbrook, Citigate Dewe Rogerson, 020 7282 2945 Helen Kettleborough, Pace Micro Technology 01274 538005 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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