With the recent appointment of Ian Wilcock, Oxford Metrics strengthens its board of directors.
- Oxford Metrics, known for its motion capture technology, brings on Wilcock following a notable tenure at Oxford Instruments.
- Wilcock’s expertise in M&A and business growth is expected to bolster Oxford Metrics’ strategic goals.
- His predecessor, David Quantrell, will retire soon after over six years of service, marking a transition in leadership.
- The company anticipates continued growth, building on its recent revenue surge and successful projects.
Ian Wilcock has made a notable transition, joining the board of Oxford Metrics immediately after a significant career at Oxford Instruments. At Oxford Instruments, Wilcock held several key roles, including managing director of resonance and as a member of the executive management board. This move underscores Oxford Metrics’ commitment to strengthening its leadership with experienced professionals.
Oxford Metrics, renowned for its motion capture systems used in high-profile projects like the ABBA holographic tour and the film ‘Titanic’, sees this appointment as a strategic enhancement. The firm is preparing for the retirement of David Quantrell, a board member for over six years, effective 24 October. This leadership change comes at a pivotal time for the company.
In a statement reflecting on his new role, Ian Wilcock expressed enthusiasm about contributing to Oxford Metrics’ ongoing growth. He remarked, ‘With an international client base and market-leading technologies, Oxford Metrics is well-positioned to grow both organically and through acquisition and I look forward to being part of that journey.’
Roger Parry, Chair of Oxford Metrics, highlighted the value Wilcock brings, given his track record in mergers and acquisitions and global business expansion. Wilcock’s experiences are seen as critical as the company progresses on its five-year strategic plan.
Oxford Metrics’ recent financial successes further validate this optimistic outlook. The company reported a 50% increase in revenue and more than doubled pre-tax profits for the fiscal year ending September 2023, achieving a profit of £6.25 million. Key factors include the launch of the Valkyrie motion capture system and the divestment of its infrastructure division, Yotta, for £52 million. However, the firm’s current trading at 58.25p per share indicates a decrease from its peak earlier in 2024.
Ian Wilcock’s addition to Oxford Metrics is expected to drive continued strategic growth in a rapidly evolving industry.
