GYG Gyg Plc

RNS Number:5783X
Gyrus Group PLC
01 June 2007

                                                                   1st June 2007

                                   Gyrus Group PLC

                         Appointment of Chief Executive


Reading, UK - Gyrus Group (GYG.L) a leading supplier of medical devices which
reduce trauma and complications in surgery, announces that Roy Davis, currently
Chief Operating Officer, will become Chief Executive of Gyrus Group PLC with
immediate effect.

As Chief Operating Officer, Roy Davis (51) has driven the ongoing process of
improving operating margins whilst overseeing the smooth integration of ACMI,
which Gyrus acquired for $497 million in 2005.  Roy has over 25 years of line
management and strategic consulting experience and was a Non Executive Director
of Gyrus from its flotation in 1997 to 2003 when he became COO.  Since joining
Gyrus, Roy has been instrumental in introducing global operational improvement
initiatives including "Lean Manufacturing" and R&D process improvements to
deliver greater operational and development effectiveness.  More recently, he
has been responsible for all aspects of operations including managing the
integration process of Gyrus and ACMI, which is aimed at improving operating
performance while positioning the company for future growth.


Brian Steer, Non Executive Chairman, of Gyrus said:

"Gyrus has grown from a small loss-making technology company into a profitable
FTSE 250 Medical Device business with revenues of over #200 million and a market
capitalisation of over #700 million. This has been achieved both through organic
growth and acquisitions. Roy has led the integration of these acquisitions and
has driven a complete Operations and R&D restructuring programme, which has
delivered significant margin improvement. His promotion is well deserved and
follows an extensive review of internal and external candidates.  I will remain
as Chairman of the Group and believe with Roy at the helm supported by Simon
Shaw and a strong management team we will continue to drive this business
forward."


Roy Davis, Chief Executive, of Gyrus said:

"I am delighted and honoured to become CEO of Gyrus.  The Company is well
positioned for the future with strong management, great people and world-class
technologies.  I look forward to leading the company to further success."

As previously disclosed, Brian Steer (73), will relinquish his executive role
with the appointment of the CEO and becomes non-executive Chairman as from
today.


Enquiries:

Gyrus Group PLC                                                   01189 219 750
Brian Steer                          Chairman
Roy Davis                            Chief Executive              0777 400 5693

Financial Dynamics                                                0207 831 3113
Ben Atwell


Notes to Editors:

Prior to joining Gyrus as Chief Operating Officer, Roy was Chief Executive of
NTERA, a nanotechnology business based in Dublin and Geneva.  Before that, he
spent nearly ten years at the global management consulting company, Arthur
D.Little, where he was Vice President and Global Head of its Operations
Management practice and Managing Director of the UK & Scandinavia for
C-Quential, its Telecoms, Information, Media and Electronics business.  He has
also held senior operational positions at Reuters, Tricom and Molex in the US,
Taiwan and Europe. He has an MBA from London Business School and a BSc (Hons)
Degree in Mechanical Engineering from Southhampton University.



                      This information is provided by RNS
            The company news service from the London Stock Exchange
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