Sheffield's Magnomatics appoints new Chairman

Magnomatics, the Sheffield based high technology company specialising in the development of innovative electro mechanical solutions, is pleased to announce it has appointed the former President of Rolls Royce Gas Turbine Operations, Dr. Michael Lloyd, as Chairman, with immediate effect.

Michael Lloyd has extensive knowledge of the industrial sector, as well as considerable experience in the defence, nuclear and aerospace sectors, all of which are important markets for Magnomatics.

As well as leading complex, global multi-functional organisations, he has also driven through technologically innovative global projects to budget, whilst championing modern lean manufacturing, project management and global supply chain programmes. He is a Fellow of the Institute of Engineering & Technology; Fellow of the Institute of Mechanical Engineers; Fellow of the Royal Aeronautical Society and Fellow of the Royal Academy of Engineers.

He is also an industrial adviser to Unipart and a Non Executive Director of the Office of Rail Regulation.

Chris Kirby, Chief Executive Officer of Magnomatics said:

“We are delighted to welcome Michael to the team. He brings with him a wealth of experience and contacts and I am confident he will be able to help us grow our business further, securing strategic contracts and advising us on how to best exploit our capabilities internationally. He will be a great asset to the board.”

Dr. Michael Lloyd commented:

“I am delighted to be taking on this role. Magnomatics has already made some excellent progress and I am very much looking forward to working with the team to build on these achievements.”

About Magnomatics

Magnomatics Limited is a high-technology spin-out company formed in 2006 from the internationally leading research group in Electrical Machines and Drives at the University of Sheffield.

Magnomatics develops and delivers novel proprietary magnetic transmissions and ultra compact and efficient motors and generators for some of the world’s largest multinationals and is active in a range of industries, including renewable energy, automotive, aerospace and defence.

Magnomatics has specialist electromechanical capabilities and provides design services to world leading companies for motors, generators, actuators and eddy current couplings and dampers. It has particular skills in designing machines for high torque, high speed, high temperature and fault tolerant applications.

www.magomatics.com