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MillimeterGDS Restructures U.S. Management Team
Dec 20, 2005 8:00 AM
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Former group CFO Stefano Ignesti is to take on the role of executive vice president. |
Global Display Solutions (GDS), market leader in the design and manufacture of industrial displays, has announced a new management structure at its U.S. headquarters. Former group CFO Stefano Ignesti has relocated to the United States from GDS’ Italy office to take on the role of executive vice president. In his new position, Ignesti is responsible for consolidating the U.S. business and ensuring GDS operates on a global scale, with each location employing the same strategies. GDS is a world-leading manufacturer of industrial display solutions for a number of industries worldwide, including kiosks, retail, advertising, entertainment, banking, marine, process, and transport.
Since his relocation, Ignesti has established a highly experienced U.S. team, appointing a business development manager, a regional account manager, and a new U.S.-based CFO. Ignesti brings with him a wealth of experience and has specific knowledge regarding how GDS' European operation has successfully developed over the past few years. A major aim of this restructure is to enable GDS' European and American offices to interact effectively, therefore enabling the U.S. operation to take advantage of GDS’ worldwide know-how.
Ignesti will also be continuing his role on GDS' Corporate Development Team (CDT). This global strategic team, made up of senior managers from within the company, is responsible for establishing objectives and targets, delivering growth strategies (organic and M&A), and formulating R&D roadmaps and market development. Because of Ignesti’s involvement on this team, he will be able to identify, at senior management level, the direction and market requirements for the U.S. business.
Sarah Knight now occupies Ignesti’s previous role as group CFO. Knight previously held the post of CFO for GDS United Kingdom and has been with the company since 2001. In her new position, Sarah will be responsible for financial reporting and budgeting, funding, financial controls and related statutory, and any fiscal matters. Sarah has more than 14 years of experience in the financial market, qualifying as a chartered accountant with PricewaterhouseCoopers in 1987.
“My ultimate goal is to see GDS move towards becoming an organization where all strategies are defined at board level and each local entity has a part in the decision making process as well as being charged with overseeing the implementation,” Ignesti says. “GDS is a worldwide business and I believe that it is vital for the success of the company that the European and U.S. offices operate as one business.”
For further information on GDS' displays, visit www.gds.com.
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