07 July 2016

IDEAL STANDARD APPOINTS JIM MOORE AS MANAGING DIRECTOR UK & IRELAND

Ideal Standard, the leading manufacturer of residential, commercial and healthcare bathroom solutions, is delighted to announce the appointment of Jim Moore as Managing Director UK & Ireland. Mr Moore will oversee the Group’s activities in UK & Ireland and assume responsibility for the business development across the Group’s leading brands Armitage Shanks, Ideal Standard and Sottini. The appointment will be effective from 1 August 2016.

Mr Moore is an accomplished senior professional with significant international experience in the construction sector. Jim served in the last 12 years in senior management positions of the Vaillant Group. He has a successful track record in the creation of high growth strategies and in developing close value-creating partnerships across the customer base. Mr. Moore is an active member of several industry associations of the building industry in the UK.

Mr Moore succeeds Interim Managing Director David Barber, who has been responsible for the operational activities in UK & Ireland since his appointment in January. Mr Barber will continue in his prior position as Finance Director ensuring a smooth transition and continuity of operations.

Commenting on the news Torsten Tuerling, the Group’s Chief Executive Officer, said:

“I could not be more delighted to announce Jim’s appointment and welcome him to Ideal Standard. Jim brings a wealth of industry experience, deep customer understanding and leadership gravitas. He will be instrumental to shape the next phase of evolution of our company.”

“Armitage Shanks will celebrate in 2017 its 200th years anniversary. Armitage Shanks is one of the most iconic brands in Britain and has kept consistently its manufacturing base in the UK throughout its history. Jim is ideally placed to unlock the full potential of our company and lead our brands successfully into the next century.”

“I also thank Dave for his outstanding work since taking the UK Managing Director position ad Interims. Dave has served the company for many years and has been a key pillar of the companys’ development. He will continue to assume the position of Finance Director and therewith ensure a smooth and successful transition to Jim.”

“Looking forward, I am optimistic about the future for Ideal Standard. With our strong manufacturing base in the UK, we are well placed to deal with the implications of the EU referendum. Upon Jim’s leadership and in close partnership with our customers, we will invest in further strengthening our infrastructure and providing opportunities for growth and value creation.”

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