5 March 2020
Dialight plc (LON: DIA), a world leader in industrial LED lighting with the largest installed base in the world, is pleased to announce that Fariyal Khanbabi, Interim Chief Executive Officer and formerly Chief Financial Officer, has been appointed as Chief Executive Officer with immediate effect.
David Blood, Chairman of Dialight, commented:
"I am delighted to announce Fariyal's appointment as CEO. The Board have been impressed with her leadership over the last seven months and the considerable progress made in stabilising the Group and in the pace of execution of our corporate strategy."
Fariyal Khanbabi, Chief Executive Officer, said:
"I am delighted to become the CEO at an exciting time for the business. Dialight is a very special company with a history of innovative products that help our customers to deliver on their sustainability mandate across the globe. I look forward to continuing to work with my exceptional leadership team and all the employees of Dialight to deliver on our transformation."
Dialight will announce its full year results on Monday 16 March 2020.
For further information, please contact:
General Counsel & Company Secretary
Tel: +44 (0) 203 058 3546
Classification: Inside Information (DTR Annex 1)
This announcement includes inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations. On the publication of this announcement via a Regulatory Information Service ("RIS"), this information is considered to be in the public domain.
The person responsible for making this announcement is Richard Allan, General Counsel & Company Secretary of Dialight plc
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