13.09.2006

JCB restructures senior management

JCB has appointed its first chief operating officer as part of its long-term strategy for global growth.

From January 1 2007, Matthew Taylor, 46, will be chief operating officer in addition to his current role as managing director JCB sales. He will be responsible for the day-to-day operations of JCB worldwide except for North and South America.

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Matthew Taylor

JCB’s North and South American operations will be merged and will come under the responsibility of Graeme Macdonald, 38, in his new role as president, JCB Inc – The Americas, based in Savannah, Georgia.

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Graeme Macdonald

Taylor and Macdonald will report to John Patterson, managing director and CEO, JCB, who will now devote more time to developing the group’s strategy in the Americas and Asia with the aim of achieving long-term sales growth. JCB’s five year plan is to almost double revenue to $4.5billion.

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John Patterson

John Patterson, who will also become Chairman, JCB Inc, said: “In the last five years we have become a truly global company and these management changes will ensure JCB achieves its ambitious long term goals.”

JCB claims it is currently the world’s fourth largest producer of construction equipment based on volume.