ST. LOUIS, Aug. 18 /PRNewswire-FirstCall/ -- Sigma-Aldrich®
Corporation (Nasdaq: SIAL) is pleased to announce that Magnus Borg has been named Vice President and
Chief Information Officer, effective August
16, 2010. In his new role, Borg will lead the Company's
global information systems function and will report to Rakesh Sachdev, Sr. Vice President, Chief
Financial Officer and Chief Administrative Officer.
Borg (age 50) brings over two decades of senior IT management
experience to Sigma-Aldrich, including significant operations and
sales development experience in the U.S. and abroad. Born and
raised in Sweden, he has enjoyed a
successful career with leading global companies including Ericsson,
SEB Bank, Svensk Bilprovning and Safety-Kleen. He held the CIO
posts for Ericsson North America and
Safety-Kleen. Borg's wealth of relevant global experience and
diverse technical knowledge are expected to help him accelerate the
continuous improvement of Sigma-Aldrich's information technology
and customer service capabilities to most fully meet customer and
shareholder needs.
"We're excited to welcome Magnus to Sigma-Aldrich," said
Rakesh Sachdev, CFO and CAO.
"His experience as a 'business-minded' global IT professional
should enhance our leadership position in the life science and high
technology markets we serve. Magnus has an impressive track record
of success, directly contributing to top-line growth in his
previous roles, and his innovative approach is expected to help
drive Sigma-Aldrich's business strategy. I'm excited to work
closely with him as we continue to enhance our Company's capability
to be the trusted partner of choice for our customers."
Borg and his family will be relocating to St. Louis, the world headquarters of
Sigma-Aldrich.
Cautionary Statement: This release contains forward-looking
statements relating to future performance, goals, strategic actions
and initiatives and similar intentions and beliefs, including
phrases "are expected", "is expected", "help accelerate",
"continuous improvement", "enhance our leadership position" and
other statements regarding the Company's expectations, goals,
beliefs, intentions and the like regarding future sales and other
matters. These statements are based on assumptions regarding
Company operations, investments and acquisitions and conditions in
the markets the Company serves. The Company believes these
assumptions are reasonable and well founded. The forward looking
statements in this release are subject to risks and uncertainties,
including, among others, certain economic, political and
technological factors referred to in the Company's current Form
10-K on file with the Securities and Exchange Commission.
About Sigma-Aldrich: Sigma-Aldrich is a leading Life Science and High
Technology company. Its biochemical and organic chemical products
and kits are used in scientific research, including genomic and
proteomic research, biotechnology, pharmaceutical development and
as key components in pharmaceutical, diagnostic and other high
technology manufacturing. The Company has customers in life science
companies, university and government institutions, hospitals,
and in industry. Over one million scientists and technologists use
its products. Sigma-Aldrich
operates in 40 countries and has 7,600 employees providing
excellent service worldwide. Sigma-Aldrich is committed to Accelerating Customer
Success through Innovation and Leadership in Life Science, High
Technology and Service. For more information about Sigma-Aldrich,
please visit its award-winning Web site at
http://www.sigma-aldrich.com.
Sigma-Aldrich is a registered
trademark of Sigma-Aldrich Biotechnology L.P. and Sigma-Aldrich
Co.
SOURCE Sigma-Aldrich Corporation
Copyright . 18 PR Newswire