25th Aug 2006 07:00
AMEC PLC24 August 2006 AMEC plc - Samir Brikho to be the new Chief Executive of AMEC plc 25 August 2006 - Pursuant to our obligations under the Listing Rules, we herebyadvise that Samir Brikho, a member of the ABB Group Executive Committee,will succeed Sir Peter Mason as the Chief Executive of AMEC plc on 1 October2006. Sir Peter Mason, who has headed the group for 10 years, will step down as ChiefExecutive and as director of AMEC plc on 30 September 2006 and will retire fromthe company on 31 October 2006. Mr Brikho currently heads ABB's Power Systems Division and is Chairman of ABBLummus Global, the international projects and services business, which togetherhad a turnover of around $5bn in 2005. Mr Brikho (48), a Swedish citizen, joined ABB in 1983, and for 10 years ledsales in a range of world markets, rising to Senior Vice President and MD of ABBKraftwerke in 1995. In 1999 he became CEO of ABB Alstom Kraftwerke, moving tohead the international operations of Alstom Power in 2000. He rejoined ABB in 2003 as Chief Executive of ABB Lummus Global in Switzerland,an international business focused on the oil and gas, petroleum refinery andpetro-chemical process industries. While in this post he returned thispreviously loss-making business to profit. He took up his current role inJanuary 2006. Jock Green-Armytage, Chairman of AMEC plc, said: "We are delighted to announce the appointment of Samir Brikho as ChiefExecutive. His experience and success in a major international company of thecalibre of ABB together with his personal dynamism, ideally qualifies him totake AMEC forward. "Samir has broad international management experience, has run a major businessof a similar size to AMEC today and has had hands-on success with highly complexprojects. He has also worked extensively in our core energy and power marketswhere he has gained broad experience in managing engineering and project risk. "I wish to extend my sincere thanks to Sir Peter for his leadership of AMEC overthe past decade. He has transformed AMEC from a UK construction company to asignificant international project management group and more recently achieved anexcellent result when he completed the sale of SPIE. He has been an inspiringleader both inside the company and within the wider industry and we wish him thevery best for the future." Mr Brikho joins the Board as it nears completion of its strategic review.Following the highly successful sale of SPIE, the final stages of the reviewwill be completed under his leadership and the results will be finalised by theend of the year. Mr Brikho commented: "AMEC has a quality skills base and world-class businesses in a range ofmarkets. I look forward to joining the group and to helping it take advantage ofthe many opportunities before it during this exciting time of transformation, toensure that it can create a successful future for all its stakeholders." Compliance Note: No information regarding Mr Brikho is required to be disclosedpursuant to Section 9.6.13 of the Listing Rules For further information please contact: Analysts and Investors: Jock Green-Armytage, ChairmanStuart Siddall, Finance DirectorNeil Jamieson, Director of Investor Relations +44(0)20 7634 0063 Media: Charles Reynolds, Head of Media Relations +44(0)20 7634 0024 James Bradley, Partner, Brunswick Group Limited +44(0)20 7396 5322 A high resolution image of Samir Brikho is available to download from thepicture library on the AMEC website http://www.amec.com/picturelibrary Notes to editors: 1) Biography of Samir Brikho Head of Division, Power SystemsMember of the Group Executive Committee of ABB Ltd., SwitzerlandChairman of ABB Lummus Global Born on May 3, 1958 Education 1978 Engineering degree, Master of Science in Thermal Technology, Royal HighSchool of Technology in Stockholm, Sweden1991 YMP Program, Insead, France2000 Senior Executive Programme, Stanford, USA Professional Experience ABBJanuary 2006 Head of Division, Power SystemsMember of the Group Executive Committee of ABB Ltd., SwitzerlandChairman of ABB Lummus Global 2003 - 2005 CEO of ABB Lummus Global, Switzerland Alstom2002 - 2003 Senior Vice President, International Business - Alstom S.A., France2000 - 2002 Chief International Operations Officer - Alstom n.v, Belgium &France1999 - 2001 CEO of ABB-Alstom Kraftwerke AG, Germany1999 - 2000 Managing Director of Steam Plant Business - Alstom Power n.v.,Belgium ABB1997 - 1999 Senior Vice President & Global Managing Director, Steam Turbines &Generators, ABB Kraftwerke AG, Germany1983 - 1997 Various Senior Management positions at Asea and ABB Power Generationin Sweden, Saudi-Arabia, Dubai, Switzerland & Germany 2) AMEC plc AMEC plc (www.amec.com) is an international project management and servicescompany that designs, delivers and supports infrastructure assets for customersacross the public and private sectors. AMEC employs more than 20,000 peopleworking from a network of offices throughout the UK, US and Canada, as well asregional offices and projects worldwide. AMEC's shares are traded on the LondonStock Exchange where the company is listed in the Support Services sector (LSE:AMEC.L). 3) ABB ABB (www.abb.com) is a leader in power and automation technologies that enableutility and industry customers to improve performance while loweringenvironmental impact. The ABB Group of companies operates in around 100countries and employs about 107,000 people. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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