3i Group PLC Directorate Change (6568C)
October 19 2015 - 4:42AM
UK Regulatory
TIDMIII
RNS Number : 6568C
3i Group PLC
19 October 2015
3i Group plc: non-executive Director changes
Peter Grosch
3i Group plc announces the appointment of Peter Grosch as a
non-executive Director. He will join 3i's Board with effect from 1
November 2015.
Peter, who is based in Germany, has a background in automotive
and mechanical engineering with extensive general management and
non-executive experience in numerous roles both in large corporates
as well as in a number of successful private equity backed
companies.
He is currently director or supervisory board member of a number
of private and public companies including GEA HXS (chairman),
Faster SPA (director) SLM Solutions AG (deputy chairman) and Fokker
Technologies (supervisory board member) as well as being chairman
of Euro-diesel, a 3i investee company. He was previously chairman
of 3i-backed MWM Holding.
Simon Thompson, 3i Chairman, said: "We are very pleased to
announce the appointment of Peter to 3i's Board. He brings a wide
range of experience relevant to our strategy for growing the
business in our core geographies. I very much look forward to
working with him."
Peter Grosch commented: "I am very much looking forward to
joining the Board, particularly given the opportunities 3i has to
develop its business."
There are no other matters relating to Peter Grosch to disclose
in accordance with paragraph 9.6.13R of the FCA's Listing
Rules.
Alistair Cox
3i Group plc announces that Alistair Cox has indicated he will
retire from the 3i Group plc Board at the close of business on 10
November 2015, having served on the Board for 6 years.
Simon Thompson said: "I would like to thank Alistair for his
valuable contribution to 3i, and wish him every success for the
future".
-Ends-
For further information, contact:
Kathryn van der Kroft 020 7975 3021
Communications Director
Silvia Santoro 020 7975 3258
Investor Relations Director
Notes to Editors:
About 3i
3i is a leading international investment manager focused on
mid-market private equity, infrastructure and debt management,
across Europe, Asia and North America. For further information,
please visit. www.3i.com
About Peter Grosch
Peter has 30+ years extensive general management experience in
numerous roles in the general engineering, automotive and aerospace
sectors. Previous appointments include CEO and President of Diehl
Aerospace and Defence Systems (2006-7), Executive Vice President
DaimlerChrysler Off highway (2001-6) and Managing Director and
Boardmember of MTU Friedrichhafen, (now Rolls-Royce Power Systems
AG) (1999-2006.).
This information is provided by RNS
The company news service from the London Stock Exchange
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