Acuity Brands, Inc. announced that Sach Sankpal has been appointed the new President of Acuity Brands Lighting and Lighting Controls (ABL). This announcement came after the stock market closed on Tuesday, signaling a new chapter for the company.
Neil Ashe, Chairman, President, and CEO of Acuity Brands, Inc., expressed strong confidence in Sankpal’s capabilities. “Since joining Acuity two years ago, Sach has been a positive influence on our performance and our culture,” Ashe stated. “He brings over 30 years of experience in accelerating transformation, driving innovation, and positioning global industrial technology organizations for future growth.”
Sankpal, a former President of Honeywell Safety Products, has been serving as Senior Vice President and Chief Growth and Transformation Officer. He has played a pivotal role in enhancing Acuity’s market performance and fostering a culture of innovation. His extensive background in leading transformative initiatives within the industrial technology sector will be crucial as he takes on his new role as President of ABL.
Trevor Palmer to Leave the Company
Meanwhile, Trevor Palmer, the current President of the ABL business, will be leaving Acuity Brands after a successful tenure. Palmer has made numerous positive contributions to the business, leading ABL through several years of transformation. His leadership has effectively positioned the company for continued success.
Additionally, it is noteworthy that on 1 March, 2021, Trevor Palmer replaced Ricky Reese as President of Acuity Brands Lighting. For more details, you can read that article here.
Neil Ashe further commented on the transition, saying, “We are taking Acuity to places that it has never been by doing things differently than they’ve been done in the past. Creating a single lighting organization under the leadership of Sach will enable us to connect our processes more effectively end-to-end to accelerate growth and drive productivity. We thank Trevor for his many contributions and look forward to the future with confidence.”
Acuity’s stock price gained $0.07 in after-hours trading on Tuesday.