SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Rule 13a-16 or 15d-16 Under
the Securities Exchange Act of 1934
For the month of February, 2005
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Commission File Number 001-13908
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AMVESCAP PLC
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(Translation of registrant's name into English)
30 Finsbury Square, London EC2A 1AG, ENGLAND
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(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F.
Form 20-F X Form 40-F
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Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1):
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Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7):
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Indicate by check mark whether by furnishing the information contained in this
Form, the registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes No X
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If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82- N/A
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Description of document filed: AMVESCAP UPDATE ON CEO SEARCH
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For Immediate Release
Contact: Doug Kidd, Managing Director, Corporate Communications
Phone: +1 404 479 2922 (U.S.)
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AMVESCAP Update on Chief Executive Officer Search
London--February 28, 2005-- AMVESCAP PLC has previously stated its intention to
separate the roles of chairman and chief executive officer (CEO) with the
appointment of a new CEO. The AMVESCAP Board of Directors has been conducting a
rigorous selection process to evaluate both internal and external candidates for
the CEO role utilizing the services of a consultant. Notwithstanding the
exceptional quality of the internal candidates, the Board has determined it is
in the best interest of the Company to expand leadership talent by appointing an
external candidate as CEO.
The Board has formed a committee of non-executive directors to broaden the
external search for a new CEO. Mr. Rex D. Adams is leading the process and is
joined by Mr. Edward P. Lawrence and Mr. Bevis Longstreth. The committee will be
assisted by an international executive search firm.
The Company will be seeking shareholder approval at its Annual General Meeting
on April 28, 2005 to amend its articles of association to reflect principle A.2
of the Combined Code on Corporate Governance related to the separation of the
chairman and CEO responsibilities.
The Board will be publishing separate terms of reference for both the chairman
and CEO roles which will take effect upon the appointment of the new CEO.
AMVESCAP is a leading independent global investment manager, dedicated to
helping people worldwide build their financial security. Operating under the
AIM, AIM Trimark, INVESCO, INVESCO Perpetual and Atlantic Trust brands, AMVESCAP
strives to deliver outstanding products and services through a comprehensive
array of retail and institutional products for clients around the world. The
Company is listed on the London, New York and Toronto stock exchanges with the
symbol "AVZ." Additional information is available at www.amvescap.com.
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This release may include statements that constitute "forward-looking statements"
under the United States securities laws. Forward-looking statements include
information concerning possible or assumed future results of our operations,
earnings, liquidity, cash flow and capital expenditures, industry or market
conditions, assets under management, acquisition activities and the effect of
completed acquisitions, debt levels and the ability to obtain additional
financing or make payments on our debt, regulatory developments, demand for and
pricing of our products and other aspects of our business or general economic
conditions. In addition, when used in this report, words such as "believes,"
"expects," "anticipates," "intends," "plans," "estimates," "projects" and future
or conditional verbs such as "will," "may," "could," "should," and "would" or
any other statement that necessarily depends on future events, are intended to
identify forward-looking statements.
Forward-looking statements are not guarantees of performance. They involve
risks, uncertainties and assumptions. Although we make such statements based on
assumptions that we believe to be reasonable, there can be no assurance that
actual results will not differ materially from our expectations. We caution
investors not to rely unduly on any forward-looking statements. In connection
with any forward-looking statements, you should carefully consider the areas of
risk described in our most recent Annual Report on Form 20-F, as filed with the
United States Securities and Exchange Commission (SEC). You may obtain these
reports from the SEC's website at www.sec.gov.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
AMVESCAP PLC
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(Registrant)
Date 28 February, 2005 By /s/ Michael S. Perman
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(Signature)
Michael S. Perman
Company Secretary