CEO Succession

Jul 10, 2023

10 July 2023 - Oxford 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.

The 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.

During 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.

In 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.

Roger Parry, Non-Executive Chair, said:

“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 is delighted to welcome Imogen to her new broader role at Oxford Metrics. We are very fortunate to have such a natural internal successor to take us forward as we continue to execute successfully against the five-year plan for growth.”

Nick Bolton, CEO of Oxford Metrics, commented:

“It has been an honour to lead Oxford Metrics over the last 18 years and to see smart sensing and analysis successfully deployed by our great team in so many amazing applications. Anyone who knows me knows how passionate I am about the opportunity for Oxford Metrics and I have every confidence in Imogen’s ability and passion to lead this great team. She has played a central role in our firm’s growth and strategic direction, and in delivering the strongest ever first-half performance just reported. I will be her loudest champion as she takes the business forward.”

Imogen Moorhouse, CEO of Vicon and CEO designate of Oxford Metrics, said:

“Having been with Oxford Metrics for 22 years, the last 11 as CEO of Vicon, I’m delighted to take up the position as CEO of the Group. We’re on a mission to create a Group focussed on expanding market opportunities by extending, enhancing and embedding what we already do best for over 10,000 customers worldwide.

Oxford Metrics has been at the forefront and intersection between the digital and physical world since inception and with AI front of mind this is only going to get more exciting. We’re making good progress in executing against our five-year plan, supported by buoyant demand across all market segments and I’m energised to lead our global team forward at this exciting time.

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