Acuity Brands Announces New President of Acuity Lighting and Lighting Controls Business
March 01 2021 - 9:00AM
Acuity Brands, Inc. (NYSE: AYI; “Company”) today announced
Trevor S. Palmer was appointed President of the Company’s lighting
and lighting controls business (ABL). Effective March 1, 2021,
Trevor assumes responsibility for driving innovation across the
Company’s lighting and lighting controls products, growing market
share, and executing the digital transformation of the business.
Trevor has over 27 years of experience in the building technology
industry and recently served as Senior Vice President of Acuity
Brands’ Digital Lighting Networks business.
“Trevor has successfully led and grown our
lighting controls business, a key driver for our future,” said Neil
M. Ashe, Chairman, President, and CEO of Acuity Brands. “Trevor is
a proven leader with an outstanding reputation for driving
performance and for cultivating strong relationships within our
Independent Sales Network. I’m excited to have him in this expanded
role as he executes on our vision to transform and grow our
business.”
Richard K. Reece will take on the combined role
of Executive Vice President of the Company and Vice Chairman of
ABL. In this role, he will continue to partner with Neil on
corporate and business development activities and he will work with
Trevor to deepen Acuity Brands agency engagement across our
Independent Sales Network and to ensure a smooth transition of our
ABL business.
About Acuity BrandsAcuity
Brands, Inc. (NYSE: AYI) is a market-leading industrial
technology company. The Company designs, manufactures, and brings
to market products and services that make the world more brilliant,
productive, and connected including building management systems,
lighting, lighting controls, and location-aware applications.
Acuity Brands achieves growth through the development of innovative
new products and services.
Through the Acuity Business System, Acuity
Brands achieves customer-focused efficiencies that allow the
Company to increase market share and deliver superior returns. The
Company looks to aggressively deploy capital to grow the business
and to enter attractive new verticals.
Acuity Brands is based in Atlanta, Georgia,
with operations across North America, Europe,
and Asia. The Company is powered by approximately 11,000
dedicated and talented associates. Visit us
at www.acuitybrands.com.
Forward-Looking InformationThis
press release includes “forward-looking statements” within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended,
that are based on management’s beliefs and assumptions and
information currently available to management.
Forward-looking statements are subject to known and unknown risks
and uncertainties, many of which may be beyond our control.
We caution you that the forward-looking information presented in
this press release is not a guarantee of future events, and that
actual events may differ materially from those made in or suggested
by the forward-looking information contained in this press release.
In addition, forward-looking statements are statements other than
those of historical fact and may include statements relating to
goals, plans, market conditions and projections regarding Acuity
Brand’s strategy, and specifically include statements made in this
press release regarding: Growing market share, execution of digital
strategy, driving performance, transforming and growing our
business, deepening agency engagement and leadership transition.
Generally, forward-looking statements can be identified by the use
of forward-looking terminology such as “may,” “plan,” “seek,”
“comfortable with,” “will,” “expect,” “intend,” “estimate,”
“anticipate,” “believe” or “continue” or the negative thereof or
variations thereon or similar terminology. A number of important
factors could cause actual events to differ materially from those
contained in or implied by the forward-looking statements,
including those factors discussed in our annual report on Form 10-K
for the fiscal year ended August 31, 2020, filed on October 23,
2020 and those described from time to time in our other filings
with the U.S. Securities & Exchange Commission (the “SEC”),
which can be found at the SEC’s website www.sec.gov. Any
forward-looking information presented herein is made only as of the
date of this press release, and we do not undertake any obligation
to update or revise any forward-looking information to reflect
changes in assumptions, the occurrence of events, or otherwise.
# # #
Media Contact: Candace Flippin
Steelecandace@acuitybrands.com
Investor Contact:Charlotte
McLaughlininvestorrelations@acuitybrands.com
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