Landis+Gyr Realigns Regional Executive Roles

ZUG, Switzerland, June 25, 2014 /PRNewswire/ -- Landis+Gyr, the global leader in smart metering, today announced that it will reassign two of its regional executive responsibilities. These assignments are the latest step to adapt the company's organization to meeting the complex requirements of the firm's global customer base.

"Building on our earlier efforts to evolve Landis+Gyr's structure, we are reassigning two seasoned executives to leverage their respective experience. As with our earlier moves, I believe they are necessary as we continue to make further operational and strategic improvements as the industry's leader," said Andreas Umbach, Landis+Gyr's President and CEO.

Oliver Iltisberger will be promoted to become Landis+Gyr's Executive Vice President for the EMEA region. Oliver brings a wealth of valuable experience and insight to this position, having been the EVP for the Asia Pacific organization for the last 4 years, and prior to that serving the company in various senior management positions.

Filling the position of Executive Vice President for the Asia Pacific region will be Ellie Doyle. Ellie is currently Senior Vice President for Strategy and Growth in the Americas region, after serving in a number of other key executive roles during her 15 years with the company.

"We are pleased to be recognizing the performance of both Oliver and Ellie with these new assignments," said Richard Mora, Landis+Gyr's Chief Operating Officer. "The EMEA and Asia-Pacific regions offer real revenue growth opportunities for Landis+Gyr in the years to come, and with their experiences Oliver and Ellie are particularly well suited to take advantage of these dynamic markets."

About Landis+Gyr
Landis+Gyr is the leading global provider of integrated energy management products tailored to energy company needs and unique in its ability to deliver true end-to-end advanced metering solutions. Today, the Company offers the broadest portfolio of products and services in the electricity metering industry, and is paving the way for the next generation of smart grid. With annualized sales of more than US$1.5 billion, Landis+Gyr, an independent growth platform of the Toshiba Corporation (TKY:6502) and 40% owned by the Innovation Network Corporation of Japan, operates in 30 countries across five continents, and employs 5,200 people with the sole mission of helping the world manage energy better. More information is available at landisgyr.com.