Directorate Changes: Nigel Keen to step down as Chairman at September 2016 AGM, Dr Ian Barkshire, Group Chief Operating Officer, appointed to the Board
Oxford Instruments plc, a leading provider of high-technology tools and systems for industry and research, today announces that in line with its Board succession plan, its Chairman Nigel Keen, has decided after 17 years’ service that he will step down from the Board with a view to having a transition at the September 2016 AGM. A search for his successor has commenced.
The Group also announces that Dr Ian Barkshire, Group Chief Operating Officer, is joining the Board with effect from today, 10 November 2015. Ian has been with Oxford Instruments since 1997 and has held a number of senior technical and managerial roles before being appointed Chief Operating Officer earlier this year.
The Company confirms that there are no further details that are required to be disclosed under paragraph LR9.6.13(1) - (6) of the UK Listing Rules in respect of Ian Barkshire.
Commenting on today’s Board announcement Nigel Keen said:
“I have had a wonderful time with Oxford Instruments and take enormous satisfaction in what has been achieved in changing the group to one that has become customer led, while retaining its leading edge technical solutions. It has been an exciting journey and I look forward to seeing Oxford Instruments build on its position and develop in its next chapter.”
Commenting on today’s Board announcement, Jonathan Flint, Chief Executive, said:
"I am grateful for the support Nigel has given me. I know I speak for the senior management team who recognise the interest that Nigel has taken in our development. He has given unstintingly of his time to encourage us to pursue opportunities and in being available to help us deal with the challenges that have come our way. He has been an important part of the Oxford Instruments story.
“I am delighted to welcome Ian Barkshire to the Board. Ian has made a major contribution to both operational and technical matters since he joined us eighteen years ago and has proven himself to be a highly capable COO since he took on the role earlier this year. His rounded experience will be a tremendous asset at Board level.”
Issued for and on behalf of Oxford Instruments plc
Oxford Instruments plc
Tel: 01865 393200
Jonathan Flint, Chief Executive
Tel: 020 3128 8100
Rachel Hirst / Jamie Ricketts