Charles Holroyd New Managing Director

Oxford Instruments PLC 5 November 1999 Oxford Instruments appoints new managing director for its Instrumentation business Oxford Instruments plc, the advanced instrumentation company, has appointed Charles Holroyd, 43, as the new Managing Director of its Instrumentation business with effect from 8th November. Charles joins the company from United Industries plc, where he has been responsible for the Engineering Plastics Division. He previously held the post of Divisional Chairman of the Electronics Division of B. Elliot plc. This followed a successful period as Managing Director at Bowthorpe plc. He brings to Oxford Instruments a strong track record in change management, profit enhancement and overseas experience, particularly in Europe and the USA. The Instrumentation business of Oxford Instruments is a world leader in the supply of measuring and processing equipment for a wide range of industrial applications. Products include chemical analysis and wafer processing tools for the semiconductor and telecommunications industries as well as quality control products for petrochemical applications. Turnover in 1998/9 was £54m. Andrew Mackintosh, Chief Executive of Oxford Instruments said: 'Charles has an excellent operational record in a range of highly competitive industries which will prove invaluable as we increase our focus on the commercial exploitation of technology. He also brings a strategic approach which will allow us to take advantage of the growth opportunities for our Instrumentation business.' Charles Holroyd said: 'I am delighted to be joining Oxford Instruments, which is one of the leading UK businesses in this field with a world-wide reputation. The company has excellent products and market positions, recently enhanced by the acquisition of the business of Auburn International Inc. The opportunities for growth in both profitability and volume are very attractive and I look forward to playing a major role in achieving this.' For further information contact: Andrew Mackintosh, Oxford Instruments Tel: 01865 881437 John Rudofsky, Citigate Dewe Rogerson Tel: 0171 638 9571
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