CIMdata PLM Industry Summary Online Archive

16 May 2007

Company News

Delcam Appoints New Chairman and Non-Executive Director

CADCAM developer Delcam announced the appointments of Peter Miles as Chairman and of Geoffrey McFarland as a Non-Executive Director.

Peter Miles takes over as Chairman following the retirement of Thomas Kinsey at the Company's Annual General Meeting on 14th May. He has been associated with Delcam for 18 years and has been a Non-Executive Director for the past 10 years since joining the Board in 1997. He was previously Corporate Finance Partner at Deloitte and Touche.

Geoffrey McFarland's appointment took effect following a Board meeting immediately after the AGM. He has joined Delcam's Board following Renishaw's £6.1 million investment, representing 20 percent of the issued capital, in the business on 23 April 2007. Mr. McFarland, aged 38, has been a director of Renishaw plc since July 2002, and is also a director of Pulse Teq Limited and Metrology Software Products Limited.

Hugh Humphreys, Managing Director of Delcam said, "On behalf of the Board, I would like to thank Tom Kinsey sincerely for his very valuable contribution over the last 18 years as Chairman of Delcam. His guidance and support has helped to drive our turnover from £4.5m in 1989 to £27m last year. I am pleased to report that Tom has kindly agreed to continue to work as a consultant to Delcam.

"We are delighted that Peter Miles has agreed to take on the role of Chairman. Peter has also been associated with the Company for 18 years and became a Non-Executive Director in 1997 when we joined AIM. We welcome Geoffrey McFarland to the Board and look forward to the contribution he will make in helping to continue the development of our Company."

Become a member of the CIMdata PLM Community to receive your daily PLM news and much more.

Tell us what you think of the CIMdata Newsletter. Send your feedback.

CIMdata is committed to your privacy. Your personal information will never be sold or shared outside of CIMdata without your express permission.

Subscribe