Melrose Regulatory News (MRO)

8 October 2018

Melrose Industries PLC ("Melrose")

Appointment of Liam Butterworth, CEO, Automotive Division

Melrose confirms the appointment of Liam Butterworth as CEO of its Automotive Division, which comprises the GKN Driveline and GKN ePowertrain businesses, commencing in early November.

Liam comes with a wealth of automotive experience, beginning with an early career at Lucas Industries and TRW prior to joining FCI Group's Motorised Vehicles Division in 2000. He held a number of management positions before being appointed as Motorised Vehicles Division President and General Manager in 2009. Liam went with the business when it was acquired by Delphi Automotive plc in 2012, becoming President of Delphi's powertrain business in 2014 and then Chief Executive Officer and President of Delphi Technologies plc as part of last year's spin off.

Melrose Chief Executive Simon Peckham said: "We are pleased to have secured Liam to lead our Automotive Division. His substantial leadership experience in the sector will be of great benefit to both GKN Driveline and GKN ePowertrain in achieving the significant improvements we believe are available and we look forward to working with him to deliver these."

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