Brady Physicals appoints new CEO

London - 11 March 2013

Brady plc (BRY.L), the leading supplier of trading and risk management solutions for metals, recycling, energy and soft commodities, announced today that, with effect from 2nd April 2013, Brian Collins has been appointed CEO of Brady’s Physicals Division, replacing Robert De Picciotto, who will be retiring from the operational side of the Company.

Brian joined the Board of Directors of Brady plc following Brady’s acquisition of Colplan Systems Limited in 2004, of which he was co-founder and Managing Director. Brian has over twenty years of senior management experience in the software industry and the commodities markets.

In his most recent role as Head of Group Product Management, Brian has been instrumental in defining and promoting the strategic vision for the Company’s enlarged solution with both customers and industry analysts. Internally, he has worked closely with divisional CEOs and product managers in the energy, metals, softs and recycling sectors, refining the strategic vision and leading cross-group enterprises as part of the Company’s on-going strategy to enhance the Group’s solution coverage through the integration of re-usable SOA components.

Brian said of his new appointment: “I am truly delighted to take over the leadership of Brady’s Physical division following Robert’s forthcoming retirement. The solutions offered by the division, backed by an established team rich in expertise and domain knowledge, are already recognised as a leading solution to the Physical Commodities industry, with a prestigious and loyal customer base around the world. I am confident my previous experiences in managing a software Company and delivering customer-focused solutions, coupled with my work across the enlarged Group, will enable the division to build on its success and further enhance its already strong offering. With the backing of the Physicals team, I look forward to contributing to the Group’s continuing success.”

Gavin Lavelle, CEO of Brady plc commented: “I am delighted to announce Brian’s decision to lead the Brady Physicals business unit at such an exciting stage as the business enjoys strong growth momentum. Over the past 6 years I have thoroughly enjoyed working closely with Brian who has been integral in the growth of Brady. Brady continues to deliver its plan of leadership in its selected markets combined with strategic acquisitions and has a strong, balanced and highly experienced Board to lead this continued growth, supported by a strong executive committee which Brian will be joining.”

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