Johannesburg - Allied Technologies [JSE:ALT] (Altech) has appointed
Laurence Savage to the position of chief operating officer (COO) effective
from January 2013.
Savage brings to the group a wealth of experience spanning
various industries‚ including the media‚ electronics‚ engineering and automotive sectors‚ the company said in a statement on
Altech CEO Craig Venter said Savage's experience globally‚
his knowledge of the African continent‚ as well as his educational background
and leadership ability‚ make him a perfect fit for the role of COO given the
group's offering and its future plans.
"We are convinced that Mr Savage will offer insights
that will further bolster the Altech management team as we move the group
towards sustainable growth‚" added Venter.
Among his many senior management roles‚ Savage has
previously been Managing Director at Genrec Engineering; and Hall Longmore‚
structural steel fabricators and pipe manufacturing companies respectively.
Genrec Engineering and Hall Longmore are part of the Murray and Roberts Group.
He also held the position of chief executive at Avis Fleet Services‚ where he
was responsible for the entire Southern Africa cluster.
Savage holds both engineering and business qualifications‚
with an MBA from Milpark Business School. He has also completed an advanced
executive programme at Northwest University in Chicago‚ USA.
Savage also brings to the group an impeccable deal-making
and turnaround track record‚ that he will utilise in maximising shareholder
value in Altech’s existing and future ventures.
"We need a strong and talented team to tackle the
challenges ahead of us and we believe that in Laurence‚ we have found a
competent‚ energetic and driven leader‚ who has what it takes to inspire our
resources as we consolidate and grow our position in the market‚" said Venter.