Business
CEO Succession
CEO Succession.
About this update from Oxford Metrics Plc
[{"type":"text","content":"\n\n10 July 2023\nOxford Metrics plc\n \n(\"Oxford Metrics\", the \"Company\" or the \"Group\")\nCEO Succession\n \nOxford Metrics plc (LSE: OMG), the smart sensing software company, servicing life sciences, entertainment and engineering markets, is pleased to provide details of an orderly CEO transition process that will be implemented over the coming months.\n \nThe Board is delighted to announce the appointment of Imogen Moorhouse, longstanding leader of the Group's Vicon division, as CEO of Oxford Metrics plc with effect from 1 October 2023. This appointment follows the selection of Nick Bolton, current Oxford Metrics CEO, to be the next CEO of Ordnance Survey, the UK's national mapping agency.\n \nDuring her 22 years at Vicon, Imogen has gained increasing levels of responsibility, culminating in her appointment as Vicon's CEO in 2012. Initially recruited in 2001 as the Sales Engineer for Vicon's Asia Pacific Life Sciences business, she was promoted in 2005 to serve as Sales and Support Manager for Vicon's business outside the Americas. She subsequently rose to become Managing Director of Vicon with complete P&L responsibility for its operations outside the Americas. She was appointed CEO of Vicon in 2012 and has held the position ever since, growing the business both organically and through acquisition to over 170 people today. Following the disposal of Yotta in 2022, Imogen has been CEO of the entirety of Oxford Metrics' trading operations and has been integral to the development and implementation of the Group's current five-year strategic growth plan.\n \nIn order to ensure a smooth transition, Imogen will shadow Nick on all Group-related CEO activities over the coming months. Imogen's appointment will follow the completion of the required regulatory due diligence by the Company's Nomad.\n \nRoger Parry, Non-Executive Chair, said:\n \n\"Although it is sad to see Nick go after so many years of excellent service, we congratulate him on his new appointment and wish him well in the role. Nick has been pivotal to the growth and development of our Group for many years and has partnered with Imogen in many of the initiatives that have contributed most to our success. Given her significant experience of our business, of the markets we operate in and the culture we cherish, the Board i...