Lord Marshall to become Chairman of Pirelli Uk Companies on 1st
Milan, 21 August 2003 - Pirelli SpA is pleased to
announce that Lord Marshall of Knightsbridge has been appointed
non-executive Chairman of the Boards of Pirelli UK plc, Pirelli
General plc and Pirelli UK Tyres Ltd with effect from 1st September
Lord Colin Marshall is currently Chairman of British Airways
Plc. He is a Member of the Board of HSBC Holdings plc, Chairman of
the International Advisory Board of the Confederation of British
Industry and Chairman of Britain in Europe. He was President of the
CBI from 1996 to 1998 and was Chairman of the Royal Institute of
International Affairs (Chatham House) from 1999 to July 2003.
Pirelli is a world leading company in each of the three
manufacturing areas in which it operates, namely, tyres, energy
cables and systems and telecom cables and systems. Pirelli Group
worldwide turnover in 2002 was 6.3 billion Euros.
In the United Kingdom, Pirelli’s UK companies carry on the
Group’s three main industrial activities at 8 factories located in
England and Wales. Pirelli UK Tyres Ltd is the main UK tyre
company. Pirelli General plc is the main UK energy and telecom
cables and systems company. Pirelli UK plc is the UK holding
company. Pirelli UK turnover in 2002 was 853 million.