28th Apr 2005 10:00
IMI PLC28 April 2005 28 April 2005 IMI plc appoints new Chairman IMI plc, the major international engineering solutions business, today announcesthe appointment of Norman Askew as Chairman with effect from 14 May 2005. Norman Askew, aged 62, has great international experience in industry includingprevious positions as chief executive at Virginia Power of the US and at BNFL.He recently stood down as Chairman of Kidde Group plc. His current positionsinclude the chairmanship of both Taylor Woodrow plc and the Board of Governorsof Manchester University. His appointment follows a comprehensive search process led by the seniorindependent non-executive director, Terry Gateley. He will also chair theNominations Committee. Jim Leng, Chairman, commented "Norman has a strong track record of successfulleadership and I am very pleased that he will be taking the chair from me afterthe annual general meeting on 13 May". Norman Askew said: "I am delighted to be joining IMI and look forward tobuilding on the progress that the Company has made in the last few years. AsChairman, and together with the Board, we will continue to shape the strategy,grow the business and so deliver shareholder value". For further information contact:IMI plcGraham Truscott, Communications Director Tel: 0121 717 3712 Weber Shandwick Square MileNick Oborne / Stephanie Badjonat Tel: 020 7067 0700 Information about IMI plc can be found on the website: www.imiplc.com Note to editors: IMI plc is an international engineering business specialising in innovativesolutions and services for a wide range of industrial and retail customers. Itsfuture growth is being built on the two business areas of Fluid Controls andRetail Dispense. IMI's operations in these two business areas share the following corecharacteristics: strong market positions in growing markets; the ability to beclearly differentiated from their competitors through technological innovationor after-sales service; and the provision of 'added value' through bespokesolutions rather than a high manufacturing or material content. IMI is quoted on the London Stock Exchange and is capitalised at approximately£1.5bn. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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