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INVENSYS APPOINT SENIOR VICE PRESIDENT OF FINANCE
05 September 2002 - Invensys plc
| Invensys plc have announced the appointment of Adrian Hennah as Senior Vice President, Finance with effect from October 2002. Adrian joins from GlaxoSmithKline Plc, where he has been Senior Vice President, Research and Development, responsible for finance, venturing and technology alliances, business strategy development, process redesign and operations at one of the world's leading R&D organisations. |
Invensys plc have announced the appointment of Adrian Hennah as Senior Vice President, Finance with effect from October 2002. Adrian joins from GlaxoSmithKline Plc, where he has been Senior Vice President, Research and Development, responsible for finance, venturing and technology alliances, business strategy development, process redesign and operations at one of the world's leading R&D organisations. Adrian joins Invensys after 18 years at Glaxo where his roles included finance, general management, operations and IT. His penultimate role at GSK was as co-leader of the team co-ordinating the world-wide integration of Glaxo Wellcome and SmithKlineBeecham. Prior to this he was the Chief Financial Officer for Glaxo Wellcome Inc USA, a $6bn operation. Adrian gained his accountancy qualifications at Price Waterhouse, before moving to its consultancy division. He is 44 years old. CEO, Rick Haythornthwaite said, 'In Adrian, we have attracted a significant talent to Invensys. His track record in the financial management of complex international businesses is outstanding and his general management skills will also play a major part in shaping the future success of Invensys.' 'Adrian will work alongside Kathleen O'Donovan to ensure a smooth handover over the next few months. As we announced at our AGM in July, Kathleen will then retire from Invensys and Adrian will become Chief Financial Officer, leading a very strong in-house finance operation. He will be elected to the Board when it meets on 23 October.' 'In the last 10 months, we have recruited nine people to the top team and I believe we now have formidable depth and substance in our leadership. The drive, direction, ability and ambition of this team will be vital in helping Invensys complete its recovery and make the rapid progress necessary to make the Group an outstanding success.' The date of Kathleen O'Donovan's retirement will be the subject of a separate announcement.
http://www.invensys.com
About: Invensys plc
Invensys is a global automation, controls and process solutions Group. We empower you to increase productivity, reduce waste, remove cost from your supply chain, boost profitability and demonstrate measurable improvement in your company's overall performance.
As a global leader in resource productivity, Invensys offers products and services, expertise, and technologies that enable you to maximize return on investments, conserve resources and optimize performance across your value chain.Operating in more than 60 countries worldwide, Invensys meets the needs of the process and batch industries - from oil & gas, powerand utilities, chemicals, and rail systems to food & beverage, healthcare, and data communications - as well as the discrete and hybrid manufacturing sectors, and provides components, systems and services to the heating management, commercial refrigeration, residential safety and automotive industries, and electronic and electro-mechanical systems and components to appliance and related industries. Not only do we help improve your bottom line, by enabling you to manage your assets more efficiently, but we also help you to protect the environment. As the result of our efforts, we have been awarded the prestigious Energy Star Label by the United States Environmental Protection Agency (EPA). Taking an integrated strategic approach to increasing your productivity, we enable you to increase output from your existing plants and technology investments, provide you with solutions that create more efficiencies in your supply chain, and increase performance at every level. From the production line to executive offices, from customer relationship and procurement management to distribution logistics, we can help you improve productivity, optimize performance, and increase profitability. |
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