– UK, London – XP Power Limited (LON: XPP) today announced that Pauline Lafferty joined the Board as a non-executive director with effect from 3 December 2019.
“We are pleased to welcome Pauline to the Board. She brings to the Group a wealth of international business experience and significant expertise in strategic human resources. I am confident that she will make a significant contribution to the Board,” said James Peters, XP Power Chairman.
Pauline will join the Audit and Remuneration Committees.
About Pauline Lafferty
Pauline was formerly Chief People Officer at The Weir Group plc, a position she held between 2011 and 2017. Prior to that, she worked in executive search from 1998 to 2011, as a partner with The Miles Partnership and, previously, as an Executive Director at Russell Reynolds Associates. Before her career in executive search, Pauline worked in Asia for Digital Equipment Corporation where she held the position of Director of Materials & Supply.
Pauline holds non-executive positions at Centurion Group, a leader in the supply of critical rental equipment, infrastructure and support services to the energy industry and Scottish Event Campus Limited where she is also Chair of the Remuneration Committee. SEC is Scotland’s leading concert, exhibition and conference centre.
About XP Power
XP Power designs and manufactures power controllers, the essential hardware component in every piece of electrical equipment that converts power from the electricity grid into the right form for equipment to function.
XP Power typically designs power control solutions into the end products of major blue-chip OEMs, with a focus on the Industrial Electronics (c.33% of revenue), Healthcare (c.29% of revenue), Semiconductor Equipment Manufacturing (c.28% of revenue) and Technology (c.10% of revenue) sectors. Once designed into a programme, XP Power has a revenue annuity over the life cycle of the customer’s product which is typically 5 to 7 years depending on the industry sector.
XP Power has invested in research and development and its own manufacturing facilities in China and Vietnam, to develop a range of tailored products based on its own intellectual property that provides its customers with significantly improved functionality and efficiency.
Headquartered in Singapore and listed on the Main Market of the London Stock Exchange since 2000, XP Power is a constituent of the FTSE 250 Index. XP Power serves a global blue-chip customer base from 29 locations in Europe, North America and Asia.
For more information: https://www.xppower.com/
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