|Acuity Brands, Inc. Names Laurent J. Vernerey Executive Vice President and President of Acuity Technology Group|
(GLOBE NEWSWIRE via COMTEX) --ATLANTA - November 6, 2017 - Acuity Brands, Inc. (NYSE: AYI) today announced the appointment of Laurent J. Vernerey as Executive Vice President of the Company and President of the recently formed Acuity Technology Group (ATG). Mr. Vernerey was most recently President and CEO of Schneider Electric's North American Operations where he led the organization in its Industrial Internet effort, which focused on the challenges of urbanization, digitization and industrialization. Over his 30-year career with Schneider Electric, Mr. Vernerey held numerous senior leadership positions in key businesses across information services, distribution, administration, sales, purchasing, customer service and manufacturing.
Vernon J. Nagel, Chairman, President, and CEO of Acuity Brands, commented, "We are extremely excited to have Laurent join Acuity. Laurent's proven leadership capabilities and unique experience provides us the opportunity to accelerate the execution of our growth initiatives for ATG, which is comprised of our AtriusTM platform and software solutions as well as our intelligent components and controls businesses. The creation of ATG allows us to provide dedicated resources to focus on the market dynamics specific to smart lighting solutions, which includes the Internet of Things (IoT), and to also distinguish ATG's unique value propositions."
Mr. Vernerey said, "I am thrilled to join the Acuity organization which has been at the forefront of incorporating advancements in technology to provide leading-edge lighting and building management solutions. Acuity's investment, innovation, and proficiency in the IoT space is unmatched in the industry, and I look forward to the opportunity to lead the ATG team with the goal of accelerating the adoption of smart lighting solutions."
About Acuity Brands
Acuity Brands, Inc. (NYSE: AYI) is the North American market leader and one of the world's leading providers of lighting and building management solutions. With fiscal year 2017 net sales of $3.5 billion, Acuity Brands currently employs over 12,000 associates and is headquartered in Atlanta, Georgia with operations throughout North America, and in Europe and Asia. The Company's products and solutions are sold under various brands, including Lithonia Lighting®, Holophane®, Peerless®, Gotham®, Mark Architectural Lighting(TM), Winona® Lighting, Juno®, Indy(TM), Aculux®, Healthcare Lighting®, Hydrel®, American Electric Lighting®, Carandini®, Antique Street Lamps(TM), Sunoptics®, Distech Controls®, nLight®, ROAM®, Sensor Switch® and Atrius(TM). Visit us at www.acuitybrands.com.
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Dan Smith, 404.853.1423
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Source: Acuity Brands, Inc via Globenewswire