– UK, Abingdon – Oxford Instruments plc (LON: OXIG), providing high-technology products and systems to the world’s leading companies and scientific research communities, today announced the upcoming appointment of Richard Tyson to its Board of Directors as CEO to succeed Ian Barkshire who will leave the company after more than 25 years.
“I am delighted that Richard Tyson will be joining us to lead us through the next phase of our growth. With his record of success and his wealth of expertise in high technology innovation and global manufacturing, Richard is ideally placed to build from the position of strength created by Ian and CFO Gavin Hill, along with our leadership team, and to continue Oxford Instruments’ positive trajectory as one of the UK’s leading global technology companies,” said Board Chair, Neil Carson.
About Richard Tyson
Richard Tyson, current CEO of TT Electronics plc since 2014, and Non-Executive Director at Videndum plc since 2018, has a strong track record of successful business leadership in the technology sector spanning more than 30 years. During his time at TT Electronics plc, he has transformed, reshaped, and refocused the business, delivering product innovation, building the group organically and through acquisition, and delivering growth in revenue, profits and margin. Before taking on the role of CEO at TT Electronics plc, Richard held senior roles at defense group Cobham, where he led the aerospace and security division, and at Goodrich Aerospace.
Richard Tyson said: “I have long been an admirer of Oxford Instruments, as one of the most exciting technology companies operating today. I look forward to building on the strong foundations created by Ian and the management team, and to maximizing the company’s potential to thrive and grow in its target markets.”
About Oxford Instruments
Oxford Instruments designs, supplies, and supports high-technology products and systems which allow the world’s leading companies and scientific research communities to image, analyze and manipulate materials down to the atomic and molecular levels. The Group’s products and services help its customers to accelerate R&D, increase manufacturing productivity and make ground-breaking discoveries across its vital market segments: Semiconductor & Communications, Advanced Materials, Healthcare & Life Science, Energy & Environment, and Quantum Technology.
Innovation is the driving force behind Oxford Instruments’ growth and success, supporting its core purpose to enable a greener, healthier, more connected advanced society. Founded in 1959 as the first technology business to be spun out from Oxford University, Oxford Instruments is now a global company listed on the FTSE250 index of the London Stock Exchange. Its customer-centric, market-focused strategy creates a competitive advantage through understanding the technical and commercial challenges in markets with long-term structural growth drivers.
Source: https://www.oxinst.com/
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