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Tyco Appoints Laurie Siegel Senior Vice President, Human Resources
Ms. Siegel was previously at Honeywell International, where she spent eight years in various roles, most recently as Vice President, Human Resources, Specialty Materials. Ms. Siegel also served at Honeywell as the Vice President, Human Resources, Aerospace Services; Vice President, Human Resources Services; and Director, Compensation. She has extensive experience in organization design, talent management, executive compensation, and use of Six-Sigma methodology applied to HR processes.
Mr. Breen said: "Laurie Siegel is an outstanding human resources professional with extensive experience in diversified, global, manufacturing companies. At Tyco she will help us establish processes for identifying, developing and promoting talent throughout the organization. She will be integral to the management team we are continuing to build here at Tyco."
Ms. Siegel said: "I could not be more enthusiastic about taking this position at Tyco. Ed Breen and his executive team are committed to a disciplined approach to human resources management at all levels of the Company. Tyco employs a remarkable number of talented men and women, and one of our great challenges will be to ensure that every one of them has the opportunity to reach his or her potential at the Company. With senior management's full support, I believe we can achieve that goal."
Ms. Siegel's appointment is effective January 2, 2003. She succeeds Patricia Prue, who has resigned from the Company to allow Mr. Breen, as Tyco's new CEO, to build the Company's management team.
Mr. Breen said: "I respect Patty's decision to leave the Company at this time, and I appreciate her help over the last few months in the transition we are implementing here at Tyco."
Prior to joining Honeywell, Ms. Siegel was also Director, Global Compensation at Avon Products and a Principal at Strategic Compensation Associates. Ms. Siegel graduated from the University of Michigan with a Bachelor of General Studies and received a Masters of Business Administration and a Masters in City Planning from Harvard University.