Management Shuffle At JCB

Posted on September 12, 2006

Matthew Taylor, 46, has been appointed JCB chief operating officer effective Jan. 1, 2007. In addition to maintaining his current role as managing director, JCB Sales, Taylor will be responsible for the day-to-day operations of JCB worldwide except for North and South America.

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, Ga. His promotion also becomes effective Jan. 1.

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