Ken Lever takes up CFO role in Switzerland

Ken Lever has been appointed to the position of chief financial officer and
senior vice president of memory-technology company

The former
FD, who left six months ago, will begin the transition phase of his new role
immediately at the company, based in Rolle, Switzerland.

The appointment of Lever, who also chairs the financial reporting committee
of the Hundred Group of Finance Directors, follows news
last week of Numonyx joint venture with STMicroelectronics and Intel, launched
with combined revenues of around $3bn.

Lever told Accountancy Age that he is ‘delighted’ with the new role.

‘I see this as a great opportunity to help to build this exciting new company
and to actively participate in a private equity backed business venture.
Ultimately it is hoped that Numonyx will be floated as a listed company,’ Lever

Brian Harrison, president and chief executive officer at Numonyx, said
Lever’s expertise will be ‘particularly valuable’ as the company begins
operations and work to become a financially successful memory supplier.

‘Ken will be a great addition to our highly experienced management team,’ he

Lever began his career with Arthur Andersen, becoming a partner in 1985.
Since 1987, he served as a public listed company director initially with Corton
Beach plc, a small conglomerate, where he was finance director and then group
managing director, and subsequently as finance director (CFO) of Alfred McAlpine
plc, the international construction services group; Albright & Wilson, the
global chemicals group; and, for the last eight years, with Tomkins plc, the
global engineering and manufacturing group listed on the London and New York St
ock Exchanges.

Lever has also held a number of non-executive positions at Vega Group plc, a
consulting and technology service business in the space, defense, and government
sectors; Meerwood Group plc, a home builder; iSoft plc and Wolsey Securities
Group, a provider of finance to the home building industry.

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