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NSG Group Senior Management Appointments

Date
15 Apr 2010
The Board of NSG Group has announced the appointment of Craig Naylor as President and CEO of the NSG Group.
He succeeds Katsuji Fujimoto, who is appointed Chairman of NSG Group, in succession to Yozo Izuhara, who will be retiring from the Company at the 144th Annual Shareholders Meeting on 29 June 2010. Craig Naylor will join the Group on 1 May 2010 as CEO Designate, assuming the role of President and CEO on 29 June 2010.

Craig 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 Corporation 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. Craig, who is a US citizen, graduated in chemical engineering from Stevens Institute of Technology, New Jersey.

NSG Group Chairman Yozo Izuhara said “We are delighted that Craig is joining the Group as President and CEO. He brings to the Company extensive international management experience and expertise in product development, manufacturing and marketing. The Board is confident that he has the qualities to lead the NSG Group into the next phase of its development as a global leader in glass and glazing for the Building Products, Automotive and Specialty Glass markets”.

Craig Naylor said “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 29 June 2010 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.