Ricardo makes key strategic consulting and new energy appointments

Ricardo makes key strategic consulting and new energy appointments
02 November 2008

Ricardo is pleased to announce changes to Ricardo Strategic Consulting (RSC) division, effective from 1 November 2008

In order for the company to accelerate the growth of its concept of deep content consultancy, Steve Parker will take a group role to develop opportunities for increased collaboration between technical and strategic consultancy. These will include driving development and implementation of the Ricardo's new energy strategy and also enhancing stewardship of some key accounts. Parker will remain Chair of the RSC advisory board and a board member of Ricardo plc.

Markus Doerr will assume full responsibility for RSC as managing director of this division of Ricardo plc. Doerr has been with Ricardo for 5 years, most recently as European managing director of RSC.  He brings a wealth of expertise gained through deep client engagements and inter-divisional collaboration.  Before joining Ricardo Doerr held positions with A.T. Kearney's global automotive practice and Roland Berger Strategy Consultants, as well as industry experience with Ford of Europe.  Doerr's professional qualifications include a combined master's degree in business administration and mechanical engineering awarded by the Technical University of Darmstadt. 

Commenting on these two key appointments, Ricardo CEO, Dave Shemmans, said:
"I am pleased that Steve Parker has agreed to take on key group-wide responsibilities and that Markus Doerr will become the new managing director of RSC.  I believe that both of these important appointments will enhance the Ricardo offering to customers and promote our strategy for long-term sustainable growth of the company."

Ricardo plc: With technical centres and offices in the UK, USA, Germany, the Czech Republic, China, Japan, India and Korea, Ricardo is a leading independent technology provider and strategic consultant to the world's transportation sector industries. The company's engineering expertise ranges from vehicle systems integration, controls, electronics and software development, to the latest driveline and transmission systems and gasoline, diesel, hybrid and fuel cell powertrain technologies. Its customers include the world's major vehicle, engine and transmission manufacturers, tier 1 suppliers and leading motorsport teams. Ricardo is committed to excellence and industry leadership in people, technology and knowledge; approximately 70 per cent of its employees are highly qualified multi-disciplined professional engineers and technicians. A public company, Ricardo plc posted sales of £197.7 million in financial year 2008 and is a constituent of the FTSE techMark 100 index - a group of innovative technology companies listed on the London Stock Exchange.  For more information, visit www.ricardo.com.