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07/05/2003
Pace Micro Technology Chief Executive appointed
The Board of Pace Micro Technology have announced the appointment of John Dyson to the position of Chief Executive.
Mr Dyson, currently Acting Chief Executive, will assume the role with immediate effect.
John Dyson joined Pace in November 1997 as Finance Director. Before joining Pace Dyson spent 25 years in the electronics industry, including roles at LSI Logic, Commodore Corporation and Case Communications plc. He is also a Non-executive Director of XP Power plc.
Sir Michael Bett, Chairman of Pace Micro Technology, said: "We are pleased to appoint John as Pace's new Chief Executive. John has played a major role in Pace's development over the last five and a half years. Since taking on the role of Acting Chief Executive in January he has directed a significant reorganisation and cost-reduction programme. The Board believes the company is now in a good position to take advantage of new business opportunities as they arise."
Mr Dyson's salary will be £250,000 per annum. In addition, he is to be granted options over 500,000 Pace shares.
(GB)
Mr Dyson, currently Acting Chief Executive, will assume the role with immediate effect.
John Dyson joined Pace in November 1997 as Finance Director. Before joining Pace Dyson spent 25 years in the electronics industry, including roles at LSI Logic, Commodore Corporation and Case Communications plc. He is also a Non-executive Director of XP Power plc.
Sir Michael Bett, Chairman of Pace Micro Technology, said: "We are pleased to appoint John as Pace's new Chief Executive. John has played a major role in Pace's development over the last five and a half years. Since taking on the role of Acting Chief Executive in January he has directed a significant reorganisation and cost-reduction programme. The Board believes the company is now in a good position to take advantage of new business opportunities as they arise."
Mr Dyson's salary will be £250,000 per annum. In addition, he is to be granted options over 500,000 Pace shares.
(GB)
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