Johnson Matthey PLC Organisation Changes (9050C)
April 20 2017 - 10:00AM
UK Regulatory
TIDMJMAT
RNS Number : 9050C
Johnson Matthey PLC
20 April 2017
For release at 4.00 pm Thursday 20(th) April 2017
JM at 200 - Aligned for Growth
Johnson Matthey announces changes to its organisation
In 2017 Johnson Matthey celebrates its 200th year and in May we
will launch a refreshed brand identity, "Inspiring science,
enhancing life", to reflect our position as first and foremost a
science led company which has a major positive impact on people's
lives; making the world around us cleaner and healthier.
Johnson Matthey has made, and continues to make, significant
progress in these areas but in order to perform in the current
environment, we must increase our focus and build a more
collaborative organisation. This will drive further synergies for
customers and create value for shareholders. To achieve this, and
to reinforce Johnson Matthey's brand identity, we will move to a
group structure of four sectors aligned on the global priorities of
cleaner air, the efficient use of natural resources and improved
health:
-- Clean Air
-- Efficient Natural Resources
-- Health
-- New Markets
Clean Air is the new name for Emission Control Technologies
Division. John Walker, Executive Director, will continue to lead
this sector.
Efficient Natural Resources brings together Process Technologies
Division and much of Precious Metal Products Division. There is an
opportunity to deepen our presence in the chemicals, oil and gas,
and industrial markets by enabling our customers to increase their
efficient use of resources; making more out of less. Jane Toogood,
currently Division Director of Precious Metal Products, will lead
this sector.
Health will comprise much of our Fine Chemicals Division.
Johnson Matthey is well positioned to build in this space through
focusing on niche areas where we can differentiate using our
expertise in complex chemistry. We will bring in a new leader from
outside Johnson Matthey to head this sector. In the interim, Robert
MacLeod, Chief Executive, will oversee this sector.
New Markets is the new name for our New Businesses Division. In
addition to the current portfolio of businesses, it will
incorporate the Medical Components business previously included in
Precious Metal Products' Noble Metals business, and Fine Chemicals'
Catalysis and Chiral Technologies business. Alan Nelson, currently
Chief Technology Officer and Division Director of New Businesses,
will lead this sector.
These changes are with immediate effect.
Enquiries:
Investor Relations
020 7269
Simon McGough Head of Investor Relations 8235
020 7269
Sarah Armstrong Head of Investor Relations 8426
Investor Relations 020 7269
Katharine Burrow Analyst 8444
Media
Director of Corporate 020 7269
Sally Jones Relations 8407
020 7353
David Allchurch Tulchan Communications 4200
www.matthey.com
This information is provided by RNS
The company news service from the London Stock Exchange
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