The Board of Style is pleased to advise that it has
appointed Peter Torreele as Chief Executive Officer of the company.
Peter has over 20 years of international business experience
with leading global companies in the Consumer and Service Industries. He has
particular expertise in the areas of strategy, marketing, business development
and government relations. Peter is a former Managing Director of the World
Economic Forum (Davos) where he was responsible for the Centre for Regional
Activities in Geneva and the Centre for Global Growth Companies in Beijing.
Before joining the Forum in 2003, Peter had an international career as a Senior
Executive in two Fortune 500 companies, Roche Group and Danone Group. He was
appointed Commercial Director in the Danone beverage division at age 36, and
turned around its North European division. As the youngest member of the
Roche Consumer Health leadership team, he expanded the business in 55 countries
within 3 years before a highly profitable divestiture.
Following a review of the Company’s operations and market
positioning on behalf of the Board, Mr. Torreele commented, “while operations
will be refined the review indicates the need to strengthen them significantly.
The company will continue to focus on its underlying strategic opportunities to
provide leading edge, environmentally sustainable, high performance flooring
and related products based on its proprietary strand-woven technology.”
The Company is fortunate to have an experienced executive of
Peter’s experience and calibre and is confident that, under Peter’s leadership,
Style can grow to its full potential.
Commenting on the appointment the Chairman and Founder of
Style, Greg Johnson, noted that, “The breadth of Peter’s experience in a
variety of international settings both in turnarounds and with emerging
businesses with multinational operations makes him a valuable asset to Style. I
am very much looking forward to working with him.”
About Style Limited
Style Limited listed on the Australian Stock Exchange {ASX:SYP} in April 2004 and has controlling 100% interest in our manufacturing company Anji Ya Feng Bamboo Products Limited, based in Anji. The factory produces unique, patented flooring made from strand woven bamboo with a timber appearance and an extremely high hardness rating. The flooring is suitable for all types of usage from residential housing and units through to commercial buildings.
Media & investor enquiries
Chris Ritchie
chris@stylelimited.com