Acuity Brands Appoints Sach Sankpal to Lead Lighting Business
Acuity Brands (NYSE: AYI) has appointed Sach Sankpal as President of Acuity Brands Lighting and Lighting Controls (ABL). Sankpal, previously SVP and Chief Growth and Transformation Officer, brings over 30 years of experience in accelerating transformation and driving innovation in global industrial technology organizations. This move aims to create a single lighting organization to connect processes more effectively end-to-end, accelerate growth, and drive productivity.
Trevor Palmer, the current ABL President, will be leaving the company after leading the business through several years of transformation. Neil Ashe, Chairman, President, and CEO of Acuity Brands, expressed confidence in the future and thanked Palmer for his contributions.
Acuity Brands (NYSE: AYI) ha nominato Sach Sankpal come Presidente di Acuity Brands Lighting e dei Controlli di Illuminazione (ABL). Sankpal, precedentemente SVP e Chief Growth and Transformation Officer, porta con sé oltre 30 anni di esperienza nell'accelerare la trasformazione e promuovere l'innovazione in organizzazioni tecnologiche industriali globali. Questa mossa mira a creare un'unica organizzazione di illuminazione per connettere più efficacemente i processi dall'inizio alla fine, accelerare la crescita e aumentare la produttività.
Trevor Palmer, l'attuale Presidente di ABL, lascerà l'azienda dopo aver guidato il business attraverso diversi anni di trasformazione. Neil Ashe, Chairman, President e CEO di Acuity Brands, ha espresso fiducia nel futuro e ha ringraziato Palmer per i suoi contributi.
Acuity Brands (NYSE: AYI) ha nombrado a Sach Sankpal como Presidente de Acuity Brands Lighting y Controles de Iluminación (ABL). Sankpal, anteriormente SVP y Director de Crecimiento y Transformación, aporta más de 30 años de experiencia en acelerar la transformación y fomentar la innovación en organizaciones de tecnología industrial global. Este movimiento tiene como objetivo crear una organización de iluminación única para conectar los procesos de manera más efectiva de principio a fin, acelerar el crecimiento y aumentar la productividad.
Trevor Palmer, el actual Presidente de ABL, dejará la empresa después de haber liderado el negocio durante varios años de transformación. Neil Ashe, Presidente y CEO de Acuity Brands, expresó su confianza en el futuro y agradeció a Palmer por sus contribuciones.
Acuity Brands (NYSE: AYI)는 Sach Sankpal을 Acuity Brands Lighting 및 조명 제어(ABL)의 사장으로 임명했습니다. Sankpal은 이전에 SVP 겸 성장 및 전환 책임자로 재직하며 30년 이상의 경험을 보유하고 있으며, 글로벌 산업 기술 조직에서 혁신을 이끌고 변화를 가속화한 경력이 있습니다. 이 조치는 단일 조명 조직을 만들기 위한 것으로, 프로세스를 보다 효과적으로 연결하고, 성장을 가속화하며, 생산성을 높이기 위해 기획되었습니다.
Abl의 현 사장인 Trevor Palmer는 여러 해에 걸쳐 비즈니스를 이끌면서 회사를 떠납니다. Acuity Brands의 회장 겸 CEO인 Neil Ashe는 آینده에 대한 신뢰를 표명하며 Palmer의 공헌에 감사했습니다.
Acuity Brands (NYSE: AYI) a nommé Sach Sankpal président d'Acuity Brands Lighting et des contrôles d'éclairage (ABL). Sankpal, précédemment SVP et responsable de la croissance et de la transformation, apporte plus de 30 ans d'expérience en matière d'accélération de la transformation et de promotion de l'innovation dans les organisations technologiques industrielles mondiales. Ce mouvement vise à créer une organisation d'éclairage unique pour relier plus efficacement les processus de bout en bout, accélérer la croissance et améliorer la productivité.
Trevor Palmer, l'actuel président d'ABL, quittera l'entreprise après avoir dirigé le secteur pendant plusieurs années de transformation. Neil Ashe, président et CEO d'Acuity Brands, a exprimé sa confiance dans l'avenir et a remercié Palmer pour ses contributions.
Acuity Brands (NYSE: AYI) hat Sach Sankpal zum Präsidenten von Acuity Brands Lighting und Lighting Controls (ABL) ernannt. Sankpal, zuvor SVP und Chief Growth and Transformation Officer, bringt über 30 Jahre Erfahrung mit, um Transformationsprozesse zu beschleunigen und Innovationen in globalen Industrie-Technologieorganisationen voranzutreiben. Dieser Schritt zielt darauf ab, eine einheitliche Lichtorganisation zu schaffen, um die Prozesse von Anfang bis Ende effektiver zu verknüpfen, das Wachstum zu beschleunigen und die Produktivität zu steigern.
Trevor Palmer, der derzeitige ABL-Präsident, wird das Unternehmen verlassen, nachdem er das Geschäft durch mehrere Transformationsjahre geführt hat. Neil Ashe, Vorsitzender, Präsident und CEO von Acuity Brands, äußerte Vertrauen in die Zukunft und dankte Palmer für seine Beiträge.
- Appointment of experienced leader Sach Sankpal as President of ABL
- Consolidation of lighting organization to improve efficiency and growth
- Potential for accelerated transformation and innovation in the lighting business
- Departure of current ABL President Trevor Palmer
- Potential short-term disruption due to leadership change
Accelerating Growth and Driving Productivity
ATLANTA, July 30, 2024 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) (“Acuity”), a market-leading industrial technology company, announced that Sach Sankpal, SVP and Chief Growth and Transformation Officer, has been appointed as President of Acuity Brands Lighting and Lighting Controls (“ABL”).
“Since joining Acuity two years ago, Sach has been a positive influence on our performance and our culture,” stated Neil Ashe, Chairman, President and CEO of Acuity Brands, Inc. “He brings over 30 years of experience accelerating transformation, driving innovation and positioning global industrial technology organizations for future growth.”
Trevor Palmer, the current President of the ABL business, has made many positive contributions to the business, leading ABL through several years of transformation that positions us for future success. He will be leaving the Company after a successful tenure.
“We are taking Acuity to places that it has never been by doing things differently than they've been done in the past,” Neil Ashe continued. “Creating a single lighting organization under the leadership of Sach will enable us to connect our processes more effectively end-to-end to accelerate growth and drive productivity. We thank Trevor for his many contributions and look forward to the future with confidence.”
About Acuity Brands
Acuity Brands, Inc. (NYSE: AYI) is a market-leading industrial technology company. We use technology to solve problems in spaces, light, and more things to come. Through our two business segments, Acuity Brands Lighting and Lighting Controls (ABL) and the Intelligent Spaces Group (ISG), we design, manufacture, and bring to market products and services that make a valuable difference in people's lives.
We achieve growth through the development of innovative new products and services, including lighting, lighting controls, building management solutions, and location-aware applications. We achieve customer-focused efficiencies that allow us to increase market share and deliver superior returns. We look to aggressively deploy capital to grow the business and to enter attractive new verticals.
Brands, Inc. is based in Atlanta, Georgia, with operations across North America, Europe, and Asia. The Company is powered by approximately 12,000 dedicated and talented associates. Visit us at www.acuitybrands.com
Forward-Looking Information
This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 (the “Act”). Forward-looking statements use words such as “expect,” “believe,” “intend,” “anticipate,” “indicative,” “projection,” “predict,” “plan,” “may,” “could,” “should,” “would,” “potential,” and words of similar meaning, as well as other words or expressions referencing future events, conditions, or circumstances. We intend these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Act. Statements that describe or relate to the Company’s plans, goals, intentions, strategies, or financial outlook, and statements that do not relate to historical or current fact, are examples of forward-looking statements. Forward-looking statements are not guarantees of future performance. Our forward-looking statements are based on our current beliefs, expectations, and assumptions, which may not prove to be accurate, and are subject to known and unknown risks and uncertainties, many of which are outside of our control. These risks and uncertainties could cause actual results to differ materially from our historical experience and management’s present expectations or projections. These risks and uncertainties are discussed in our filings with the U.S. Securities and Exchange Commission, including our most recent annual report on Form 10-K (including, but not limited to, Part I, Item 1A Risk Factors), quarterly reports on Form 10-Q, and current reports on Form 8-K. Any forward-looking statement speaks only as of the date on which it is made. You are cautioned not to place undue reliance on any forward-looking statements. Except as required by law, we undertake no obligation to publicly update or release any revisions to these forward-looking statements to reflect any events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events, whether as a result of new information, future events, or otherwise.
Media Contact:
April Appling
Vice President, Corporate Communications
corporatecommunications@acuitybrands.com
Investor Contact:
Charlotte McLaughlin
Vice President, Investor Relations
(404) 853-1456
investorrelations@acuitybrands.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2990b258-a607-4f42-8906-3a42a822b05b
FAQ
Who is the new President of Acuity Brands Lighting and Lighting Controls (ABL)?
Why did Acuity Brands (AYI) make this leadership change?
What experience does Sach Sankpal bring to his new role at Acuity Brands (AYI)?
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