Management Change

RNS Number : 1795C

Victrex PLC

27 April 2012

 



27 April 2012

Victrex plc

Management Change

Victrex plc ("the Company") today announces that Hichem M'Saad has been appointed as Managing Director of our Invibio^® Biomaterial Solutions business unit ("Invibio"). Hichem will join the Company on 18 June 2012, succeeding Michael Callahan, who will remain on the Invibio board as leader of the spine business.

Prior to joining Invibio Hichem's career included 14 years at Applied Materials Inc, most recently as Corporate Vice President and General Manager of their Silicon Sector Group.  Hichem holds a PhD in Materials Science and Engineering from the Massachusetts Institute of Technology and has extensive commercial and technical experience globally, in both start-up and mature businesses.

David Hummel, Chief Executive said:

"I am delighted that Hichem is joining Invibio. His wealth of general management and commercial experience in technology driven businesses will enable him to lead Invibio into a new phase of growth and realise opportunities in new and existing market areas. He will be a valuable asset to both Invibio and the wider Victrex Group.

I would like to thank Michael for his contribution to the Invibio business since its launch in 2001. Michael has supported us through a period of significant growth, development and investment, and will continue to deliver Invibio's strategy in the spine business going forward."

Enquiries

Victrex plc	01253 898067
David Hummel, Chief Executive
Steve Barrow, Finance Director
MHP Communications
Nick Denton / Barnaby Fry / Ian Payne	0203 128 8100

Victrex plc is an innovative world leader in high performance materials through the manufacture of VICTREX^® PEEK polymer, a high performance, easy to process thermoplastic.

With over 30 years of experience, Victrex is a provider of innovative, high performance thermoplastic polymers. We work with customers and end users globally to deliver technology driven solutions to the challenges and opportunities they face. Our Victrex Polymer Solutions business unit ('VPS') focuses on our transport, industrial and electronics markets and our Invibio^® Biomaterial Solutions business unit ('Invibio') focuses on providing specialist solutions for medical device manufacturers.

 

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