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REG - Spirax-Sarco Engng - Leadership Succession

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RNS Number : 7217Z  Spirax-Sarco Engineering PLC  17 January 2024

LEADERSHIP SUCCESSION
Wednesday 17 January 2024

 

 

Further to the announcement made on 8 August 2023, Spirax-Sarco Engineering
plc, the leading global thermal energy management and fluid technology
solutions Group, confirms that Nimesh Patel has commenced his role as Group
Chief Executive following the retirement of Nicholas Anderson.

 

Phil Scott has also taken up the position of Interim Chief Financial Officer.

 

Group Chief Executive, Nimesh Patel said:

 

"I am privileged to be taking on the leadership of this great Company at such
an exciting and important time. Under Nick's leadership we have evolved to
become a larger and stronger Group of three aligned Businesses with
differentiated and complementary capabilities. What we do is critical to the
efficiency, safety and sustainability of our customers industrial processes
and equipment, including the delivery of decarbonisation solutions in support
of their sustainability goals. I am looking forward to working with my
Executive team and colleagues across the organisation to deliver on the
exciting opportunities we see ahead for the Group in 2024 and beyond."

 

About Spirax‐Sarco Engineering plc

Spirax‐Sarco Engineering plc is a leading global thermal energy management
and fluid technology solutions Group.  It comprises three world‐leading
Businesses: Steam Specialties, for the control and management of steam;
Electric Thermal Solutions, for advanced electrical process heating and
temperature management solutions; and Watson-Marlow, for peristaltic pumping
and associated fluid path technologies.  The Steam Specialties and Electric
Thermal Solutions Businesses provide a broad range of fluid control and
process heating products, engineered packages, site services and systems
expertise for a diverse range of industrial and institutional customers.
Both businesses help their customers improve process efficiencies, meet
environmental sustainability targets, improve product quality and enhance the
safety of their operations.  Watson‐Marlow provides solutions for a wide
variety of demanding fluid path applications with highly accurate,
controllable and virtually maintenance-free pumps and associated technologies.

 

The Group is headquartered in Cheltenham (UK), has 40 strategically located
manufacturing plants around the world and employs more than 10,000 people,
including more than 2,100 direct sales and service engineers.  The Company's
shares have been listed on the London Stock Exchange since 1959 (symbol: SPX)
and it is a constituent of the FTSE 100 and the FTSE4Good Indexes.

 

 

Further information can be found at spiraxsarcoengineering.com
(http://www.spiraxsarcoengineering.com)

 

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