27/07/2023

Oxford Instruments plc

CEO succession update

On 13 April 2023 Oxford Instruments plc, a leading provider of high technology products and services to industry and scientific research communities, announced that Chief Executive Ian Barkshire is to retire and that Richard Tyson, currently Chief Executive Officer at TT Electronics plc, is to be appointed as his successor in the role.

We are now delighted to confirm that Richard Tyson will join Oxford Instruments on 1 October and will take up the role of Chief Executive from that date. Ian will continue as Chief Executive until Richard joins, and will then ensure a smooth transition of leadership.

LEI number of Oxford Instruments plc: 213800J364EZD6UCE231

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Issued for and on behalf of Oxford Instruments plc

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, analyse and manipulate materials down to the atomic and molecular level. The Group's products and services help its customers to accelerate R&D, increase manufacturing productivity and make ground-breaking discoveries across its key 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 (OXIG). Its customer-centric, market-focused strategy creates competitive advantage through understanding the technical and commercial challenges in markets with long-term structural growth drivers.

For more information, visit www.oxinst.com