OXIG Oxford Instruments Plc

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RNS Number : 4850D

Oxford Instruments PLC

27 October 2015

Oxford Instruments plc

Kevin Boyd to step down as Group Finance Director

Oxford Instruments plc, a leading provider of high-technology tools and systems for industry and research, today announces that Kevin Boyd will be stepping down from the position of Group Finance Director to take up the role of Group Finance Director at Spirax-Sarco Engineering plc with effect from 11 April 2016.

The Board will begin recruitment for a new Group Finance Director immediately. The Group intends to issue its interim announcement for the half year ending 30th September on 11th November 2015.

Commenting on today's announcement, Nigel Keen, Chairman, said:

"On behalf of the Board, I would like to thank Kevin for his significant commitment to Oxford Instruments during his nine years with us. He has consistently contributed to the performance and development of the Company and we wish him every success in his new role."

Jonathan Flint, Chief Executive, added:

"I would like to add my thanks to Kevin for his dedication to the role, to which he has brought a strong combination of financial, strategic and organisational expertise. We will work together to ensure a smooth transition over the coming six months."

Kevin Boyd said:

"I have very much enjoyed my time with Oxford Instruments. It is a great business with committed and talented people. After nearly a decade with the business, I feel that now is the right time for me to embark on the next phase of my career."

Issued for and on behalf of Oxford Instruments plc

Enquiries:

Oxford Instruments plc

Tel: 01865 393200

Jonathan Flint, Chief Executive

MHP

Tel: 020 3128 8100

Rachel Hirst / Jamie Ricketts

Notes to Editors

About Oxford Instruments plc

Oxford Instruments designs, supplies and supports high-technology tools and systems with a focus on research and industrial applications. The Group aims to pursue responsible development and deeper understanding of our world through science and technology. Its products, expertise, and ideas address global issues such as energy, environment, security and health. Innovation has been the driving force behind Oxford Instruments' growth and success for over 50 years. Its strategy is to effect the successful commercialisation of these ideas by bringing them to market in a timely and customer-focused fashion.

The first technology business to be spun out from Oxford University, Oxford Instruments' objective is to be the leading provider of new generation tools and systems for the research and industrial sectors with a focus on nanotechnology. Its key market sectors include nano-fabrication and analysis. The Group is expanding the business into the life sciences arena, where nanotechnology and biotechnology intersect.

This involves the combination of core technologies in areas such as ultra-low temperature and high magnetic field environments; Nuclear Magnetic Resonance; X-ray, electron, laser and optical based metrology; atomic force microscopy; optical imaging; advanced growth, deposition and etching.

This information is provided by RNS

The company news service from the London Stock Exchange

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October 27, 2015 03:00 ET (07:00 GMT)

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