26th May 2005 07:00
Spectris PLC26 May 2005 Date: 26 May 2005 Contact: John Poulter, Chairman Spectris plc Tel: 01784 470470 Richard Mountain Financial Dynamics Tel: 020 7269 7291 DIRECTORATE CHANGE The Chief Executive of Spectris plc, Hans Nilsson, has resigned. The Board wishes to acknowledge the positive contribution made by Mr Nilsson tothe strategic positioning of the business for growth. To take full advantage ofthis positioning, the Board considers that a change in management style is nowneeded, with a different balance between strategic development and operationaldrive. The Board is seeking to appoint a new Chief Executive to realise the company'sfull margin and profit potential. Pending that appointment, the Chairman, JohnPoulter, previously Chief Executive, will assume executive responsibility. Mr. Nilsson will be compensated in line with the terms of his twelve monthcontractual notice period, subject to a duty to mitigate. At the Annual General Meeting on 11 May, the company confirmed its expectationof encouraging progress for 2005, which is reiterated. Copies of this announcement are available from the company's registered office:Station Road, Egham, Surrey TW20 9NP. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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