Acuity Brands, Inc. Names Laurent J. Vernerey Executive Vice President and President of Acuity Technology Group
07 November 2017 - 12:31AM
YASTEST
ATLANTA -
November 6, 2017 - Acuity Brands, Inc. (NYSE: AYI) today
announced the appointment of Laurent J. Vernerey as Executive Vice
President of the Company and President of the recently formed
Acuity Technology Group (ATG). Mr. Vernerey was most recently
President and CEO of Schneider Electric's North American Operations
where he led the organization in its Industrial Internet effort,
which focused on the challenges of urbanization, digitization and
industrialization. Over his 30-year career with Schneider Electric,
Mr. Vernerey held numerous senior leadership positions in key
businesses across information services, distribution,
administration, sales, purchasing, customer service and
manufacturing.
Vernon J. Nagel, Chairman,
President, and CEO of Acuity Brands, commented, "We are extremely
excited to have Laurent join Acuity. Laurent's proven
leadership capabilities and unique experience provides us the
opportunity to accelerate the execution of our growth initiatives
for ATG, which is comprised of our AtriusTM platform and
software solutions as well as our intelligent components and
controls businesses. The creation of ATG allows us to provide
dedicated resources to focus on the market dynamics specific to
smart lighting solutions, which includes the Internet of Things
(IoT), and to also distinguish ATG's unique value
propositions."
Mr. Vernerey said, "I am thrilled
to join the Acuity organization which has been at the forefront of
incorporating advancements in technology to provide leading-edge
lighting and building management solutions. Acuity's
investment, innovation, and proficiency in the IoT space is
unmatched in the industry, and I look forward to the opportunity to
lead the ATG team with the goal of accelerating the adoption of
smart lighting solutions."
About Acuity
Brands
Acuity Brands, Inc. (NYSE: AYI) is the North American market leader
and one of the world's leading providers of lighting and building
management solutions. With fiscal year 2017 net sales of $3.5
billion, Acuity Brands currently employs over 12,000 associates and
is headquartered in Atlanta, Georgia with operations throughout
North America, and in Europe and Asia. The Company's products and
solutions are sold under various brands, including Lithonia
Lighting®, Holophane®, Peerless®, Gotham®, Mark Architectural
Lighting(TM), Winona® Lighting, Juno®, Indy(TM), Aculux®,
Healthcare Lighting®, Hydrel®, American Electric Lighting®,
Carandini®, Antique Street Lamps(TM), Sunoptics®, Distech
Controls®, nLight®, ROAM®, Sensor Switch® and Atrius(TM).
Visit us at www.acuitybrands.com.
# # # #
Contact:
Dan Smith, 404.853.1423
dan.smith@acuitybrands.com
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Acuity Brands, Inc via Globenewswire
Acuity Brands (NYSE:AYI)
Historical Stock Chart
From Apr 2024 to May 2024
Acuity Brands (NYSE:AYI)
Historical Stock Chart
From May 2023 to May 2024