Change in Directors' Responsibilities
Updated : 15:12
Renishaw plc
Board Changes
24th January 2018
Renishaw plc, the global high-precision metrology and healthcare manufacturer, is pleased to announce changes to key executive roles.
Sir David McMurtry has decided that he wishes to hand over his Chief Executive responsibilities. Sir David, together with rest of the Board, are pleased to announce the appointment of William Lee as Chief Executive with effect from 1 February 2018. Sir David will remain Executive Chairman with responsibility for group innovation and product strategy.
Will joined Renishaw in 1996 starting his career in new product research and subsequently headed up the laser and calibration product line and the machine tool product line before being appointed to the Board as Group Sales and Marketing Director in 2016. Will has a degree in Physics from Oxford University and an MBA from Bath University.
Commenting on the changes Sir David said, "I am delighted that Will has demonstrated to me the leadership capabilities to continue to develop the Renishaw business and as result I am pleased to hand over my role as Chief Executive. I am confident that Will can inspire the next generation to build on Renishaw's heritage and we are looking forward to working closely together."
Renishaw's results statement for the half year ending 31 December 2017 will be issued on 25th January 2018.
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For further information, please contact:
Allen Roberts Group Finance Director; or
Mark Noble General Counsel & Acting Company Secretary
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The information contained in this announcement is deemed by the Group to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (MAR).
This information is provided by RNS