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AEA TECHNOLOGY GROUP PLC ("AEA" or "Group")
AEA Technology Group plc (the Company) is pleased to announce the appointment, with immediate effect, of John Lowry as Interim Chief Executive of the Group. Mr Lowry is appointed to the Board of the Company with immediate effect.
Having started out as a technologist who won a Queen's Award to Industry, John has spent his career working in leading edge technology companies including IBM, Accenture, General Electric Company, ICI, Ford Motor Company, Unilever and Thorn EMI. During that time, he developed a very wide range of management capabilities and over the last 18 years has utilised them in the start-up, turn-round, operational restructuring, refinancing, merger and acquisition of technology businesses in both the USA and Europe.
John is a director of and Chairman of Norbain Group Limited.
There is no information required to be disclosed under section 9.6.13 of the Listing Rules.
Paul Golby, Chairman commented:
"I am delighted to welcome John as our Interim Chief Executive. He has a deep understanding of how big business operates but just as importantly, what it takes to get the best out of smaller enterprises. Like AEA, his heartland skill is the appliance of technology and the contacts he has developed in Europe and the USA will be an additional important asset for us.
The Board is looking forward to working with John to ensure we maximise the opportunities available to us and to strengthen the profitability of the Group."
For further information:
Dr Paul Golby
Chairman 0870 190 8137
CFO 0870 190 8137
Neville Harris 020 7593 4015
Notes to Editors
AEA is a world leading and internationally renowned energy and environmental consultancy with operations in the United Kingdom, Europe and United States. We bring together world-leading energy, environment, and IT expertise and apply it to the business and organisational context of our clients.
We have a strong track record of working successfully with both public and private sector clients. For over 40 years, we have helped governments define and develop policy, and over the last 20 years, we have also assisted businesses respond to regulatory demands and improve efficiencies.
Our North American operation embraces two organisations; Eastern Research Group, Inc. (ERG), which provides environmental, sustainable facilities, and worker protection consulting services to public sector clients, and Project Performance Corporation (PPC), which combines environmental expertise with a sophisticated IT and data management capability. AEA's key areas of work are in energy and climate change, air and water quality, risk management, resources and waste, enterprise services, sustainable transport, information management and knowledge transfer.
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