12th Dec 2005 07:00
Johnson Matthey PLC12 December 2005 For Release at 7.00 am Monday 12th December 2005 Johnson Matthey - Appointment of Chairman Designate Johnson Matthey is pleased to announce the appointment of Sir John Banham tosucceed Michael Miles as its Chairman. In the company's 2005 Annual Report inJune, Michael Miles announced that he would be retiring from the board duringthe coming year. Sir John Banham has agreed to join the board as Chairman Designate with effectfrom the 1st of January 2006. It is the board's intention that Sir John will beappointed as Chairman of the board with effect from the 1st of April 2006 whenMichael Miles retires. Sir John, aged 65, is currently the Chairman of Cyclacel Plc (the Dundee-basedcancer biotech company) and Spacelabs Healthcare Inc. and the Senior IndependentDirector of Amvescap PLC. He was at McKinsey from 1969 to 1983, becoming aDirector in 1979. He then became the first Controller of the Audit Commissionfrom 1983 to 1987 and Director General of the Confederation of British Industryfrom 1987 to 1992. He became a director of both National Power and National Westminster Bank from1992 to 1998, Chairman of Tarmac plc from 1994 to 1999, Chairman of Kingfisherplc from 1995 to 2001, Chairman of Geest plc from 2002 to 2005 and Chairman ofWhitbread PLC from 2000 to 2005. In the unquoted sector, he was the foundingChairman of Westcounty Television from 1992 to 1995 and the Chairman of ECIVentures LLP from 1992 to 2005. There are no other disclosures required in respect of Sir John Banham pursuantto Rule 9.6.13 of the Listing Rules of the Financial Services Authority. Commenting on the announcement, Michael Miles said: "I am very pleased that theboard of Johnson Matthey has chosen Sir John Banham as my successor as Chairman.Sir John has had a most distinguished career and is a very experiencedchairman who will ensure that the company continues its successful record ofdelivering value to shareholders." Neil Carson, Chief Executive of Johnson Matthey commented: "I am delighted towelcome Sir John Banham as the future Chairman of Johnson Matthey. I would alsolike to take this opportunity to thank Michael Miles for his contribution to thesuccess of the company over many years. Michael joined the board as anon-executive director in 1990 and became our Chairman in 1998. Under hisleadership Johnson Matthey has developed into a world leading specialitychemicals company." Enquiries:Ian Godwin Director, IR and Corporate Communications 020 7269 8410Howard Lee The HeadLand Consultancy 020 7036 0369 www.matthey.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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