NSG Group Names Former DuPont Exec Craig Naylor
as President and CEO
April 15, 2010
The Board of the NSG Group has appointed former DuPont executive
Craig Naylor as its new president and chief executive officer (CEO).
He succeeds Katsuji Fujimoto, who will now serve as chairperson
of NSG Group; Fujimoto takes the place of Yozo Izuhara, who will
be retiring from the company at the 144th Annual Shareholders Meeting
on June 29. Naylor will join the company on May 1 as "CEO designate,"
and will assume the role of president and CEO on June 29.
Naylor completed a 36-year international career with DuPont in
2006, as group vice president for DuPont Electronic and Communication
Technologies, and was a non-executive director of Delphi Corp.from
2005 to 2009.
In the course of his career at DuPont, Craig worked in China, Switzerland,
Japan and the United States, in positions in engineering, production
management, manufacturing, product development, sales and marketing
and global business management. Naylor holds a degree in chemical
engineering from Stevens Institute of Technology in New Jersey.
"We are delighted that Craig is joining the Group as president
and CEO," says NSG Group chairperson Yozo Izuhara. "He
brings to the company extensive international management experience
and expertise in product development, manufacturing and marketing.
Naylor adds, "I am delighted and honored to have been invited
to lead the NSG Group and I am greatly looking forward to the challenge.
The Group enjoys an excellent reputation in the industry for quality
and service, innovation, technical excellence and a strong product
range. My aim will be to provide leadership to enable the Group
to further strengthen its finances, improve its competitiveness
and to grow profitably."
The proposed changes to directors are subject to shareholder agreement
and will be formally decided at the 144th Ordinary General Meeting
of Shareholders, which will be held on June 29 and at a meeting
of the company's board following the shareholders meeting. The changes
and appointments will take effect immediately following such approval
on that date.
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