JCB announces John Patterson’s retirement

Jan. 22, 2014 – JCB’s John Patterson CBE, who rose through the ranks from field service
engineer to Group Chief Executive, has retired after 43 years’ service. 
His retirement sees Arjun Mirdha take up the position of President and
CEO of JCB in North America, where John Patterson has led operations
since 2008 as Chairman and CEO.

John Patterson joined JCB in 1971 and went on to work in
Canada and America before returning to the UK in 1988 as Managing
Director of JCB Service. In 1993, John, was appointed Managing Director
of JCB Sales before becoming Group CEO – only the third person in JCB’s
history to hold the position. 

He went on to become the company’s second longest serving
CEO and in his 10 years in the role, sales broke the £1 billion mark for
the first time, eventually reaching more than £2 billion by the time he
stood down in 2008. He then became Chairman and CEO of JCB Inc based in
North America.

JCB Chairman Lord Bamford said: “During John’s time as
Chief Executive, JCB achieved unprecedented sales growth and led the
company’s transformation into a truly global company. I thank John for
his contribution over the past 43 years and am delighted he will remain a
Director of the JCB Group and Chairman of the Board of the JCB USA
companies.”

Under John Patterson’s leadership as Group CEO, JCB opened
facilities in Savannah, GA; Sao Paulo, Brazil; Pune, India and
Shanghai, China.  In 2010 he oversaw a $40 million investment in a new
range of skid steer and compact track loaders which went into production
at JCB’s North American HQ in Savannah.

John Patterson said: “I am proof that that are no
boundaries to career development at JCB and I have had an incredible
time over the past 43 years. I am proud to have been part of a team
which has seen JCB become the world’s third largest construction
equipment manufacturer and achieve market leadership for many of its
products.

“JCB has made excellent progress in North America in
recent years but there are many more opportunities to be seized and I
wish Arjun Mirdha well as he leads the team as President and CEO of JCB
in North America.”

Arjun Mirdha took up his new role from 1st January 2014, reporting directly to Graeme Macdonald, JCB Group Chief Executive.

For more information
www.jcbamericas.com