Appointment of Dr. Martin Read CBE as a Non-Executive Director and Chairman elect

Laird PLC announces today that Nigel Keen will be retiring as Chairman


Laird PLC announces today that Nigel Keen will be retiring as Chairman, to be succeeded by Dr. Martin Read CBE at the Annual General Meeting in May 2014.

Laird is a global technology company focused on providing components and solutions that protect electronic devices from electromagnetic interference and heat, and that enable connectivity through wireless applications and antennae systems.

Martin Read will join Laird as a non-executive director with effect from 28 February 2014 and be appointed Chairman at the Annual General Meeting to be held on 2 May 2014.  Martin is a non-executive director of Lloyds of London, the UK Government's Efficiency and Reform Board and is also the Chairman of the Remuneration Consultants Group.  

He was Chief Executive of international IT services company, Logica, from 1993 to 2007.  Over the years, he has served as a non-executive director on the boards of Invensys, Aegis Group, British Airways, Siemens Holdings, Boots and Asda. He led UK Government reviews on back office operations and IT across the public sector (2009) and management information (2012).

Nigel Keen, Chairman, said:

‘‘Martin is an excellent candidate to succeed me as Chairman of Laird next year.  He has a wealth of international experience in a number of sectors, including technology, and will ably oversee the next phase of the Company's development.’’

David Lockwood, Chief Executive, commented:

‘‘I am looking forward to working closely with Martin, at what is an exciting time for him to join Laird as Chairman.  Martin’s experience is very relevant to help us deliver our growth strategy.  The Board is extremely grateful to Nigel for his unwavering commitment to Laird over the years.’’

Other than as set out above, there are no further items requiring disclosure under paragraph 9.6.13 of the UKLA's Listing Rules.




For enquiries:

Laird PLC
David Lockwood, Chief Executive
Jonathan Silver, Chief Financial Officer
Anna Hartropp, Head of Investor Relations
Tel:      020 7468 4040

MHP Communications
John Olsen
Reg Hoare
Tel:      020 3128 8100

About Laird

Laird is a global technology business focused on enabling wireless communication and smart systems, and providing components and systems that protect electronics. Laird operates through two divisions, Wireless Systems and Performance Materials. Wireless Systems solutions include antenna systems, embedded wireless modules, telematics products and wireless automation and control solutions. Performance Materials solutions include electromagnetic interference shielding, thermal management and signal integrity products. As a leader in the design, supply and support of innovative technology, our products allow people, organisations, machines and applications to connect effectively, helping to build a world where smart technology transforms the way of life. Custom products are supplied to major sectors of the electronics industry including the handset, telecommunications, IT, automotive, public safety, consumer, medical, rail, mining and industrial markets. Providing value and differentiation to our customers through innovation, reliable fulfilment and speed, Laird PLC is listed and headquartered in London, and employs over 9,000 people in more than 58 facilities located in 18 countries.


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