Morgan appoints Pete Raby as new CEO
Pete (right), 47, has more than 20 years’ industry experience and joins Morgan from aerospace and defence component manufacturer Cobham plc, where he led the company’s Communications and Connectivity division.
During a nine-year spell at Cobham, he held a number of other senior roles including head of strategy, chief technology officer, and leader of the group-wide "Excellence in Delivery" operational transformation programme.
He takes over from interim CEO Kevin Dangerfield with a brief to continue to develop Morgan’s business across its key target sectors which range from healthcare and electronics to transportation, energy, security & defence, industrial and petrochemicals.
Pete commented: “It is a privilege for me to take on the leadership of this great company – a world leader with a strong history and, I am confident, a great future. Morgan enjoys a strong reputation, underpinned by distinctive capabilities in materials science and technology, as a business with outstanding products and solutions, dedicated employees and excellent customer relationships.
“We are known as a materials science business and that is why customers choose to work with us. Last year we invested £21.7million – more than 2% of our revenue – in technology development and we will continue to invest in our future.
“Our continued growth and success will be determined by meeting our commitments to customers - delivering high-quality products and services where they are needed, on time, every time.”
Morgan Chairman Andrew Shilston added: "Pete has a strong technical background and an impressive track record in planning and executing business strategy across global manufacturing operations.
"His background in technology-led innovation makes him an excellent choice for the role of CEO as Morgan Advanced Materials continues to develop truly differentiated, world-leading products and materials across its global markets.”
Founded in 1856 and listed on the London Stock Exchange, Morgan today has operations in more than 50 countries.
