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INVENSYS ANNOUNCES APPOINTMENT OF CHAN GALBATO AS PRESIDENT, CONTROLS
19 September 2005 - Invensys plc
| Chan joins Invensys from Home Depot, the UShome improvement retailer, where he was President, Services. He was previously President and Chief Executive Officer of Armstrong Floor Products, Chief Executive Officer of Choice Parts, and prior to that he held various senior management roles at General Electric, latterly as Chief Executive Officer of the Coregis Division of GE Capital. |
Chan joins Invensys from Home Depot, the UShome improvement retailer, where he was President, Services. He was previously President and Chief Executive Officer of Armstrong Floor Products, Chief Executive Officer of Choice Parts, and prior to that he held various senior management roles at General Electric, latterly as Chief Executive Officer of the Coregis Division of GE Capital. He takes over from John Duerden who will remain with the Group to assist with a smooth handover and carry out certain projects until the scheduled expiry of his contract on 31 March 2006. Chan holds a BA in economics from State University of New York and an MBA from the University of Chicago Graduate School of Business. Controls is a leading global provider of components, systems and services used in appliances, heating, air conditioning/cooling, refrigeration and safety products as well as building systems across a wide range of industries in residential and commercial markets. Controls, which had revenue of £921 million in the year ended 31 March 2005, has more than 16,000 employees and over 40 manufacturing locations worldwide. "I am delighted that Chan has agreed to join Invensys in this important role of running our largest business group. Controls is undertaking a significant change programme and his considerable experience in change management will be essential to ensuring that we achieve the necessary turnaround in performance."
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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