Fox to become Oxford Metrics' new CFO in July

Oxford Metrics, the smart sensing and software firm, said Zoe Fox will become the group's finance chief with effect from July 1 this year, succeeding David Deacon.

The latter had informed the board of his desire to move away from a full-time executive role to pursue family and other interests once the right successor had been found.

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Fox joins from AIM-listed FireAngel Safety Technology where she has been chief finance officer since 2021. She brings a wealth of international and manufacturing experience having worked both as an AIM CFO and within international corporations.

Deacon, who will work closely with Fox to deliver a smooth transition, said: "During the last 15 years it has been an absolute pleasure working alongside the fantastic people at Oxford Metrics."

He added: "With a strong balance sheet and the appetite to pursue M&A opportunities, I am confident the business will move onto achieve even greater things."

Fox added: "I am thrilled to be joining Oxford Metrics at this stage in its growth journey – in year three of delivering against its five-year strategy.

"With a clear roadmap and strong foundations for future growth, I look forward to leveraging my skillset and working with Imogen and the talented team at Oxford Metrics on the opportunities ahead."

Thanking Deacon and wishing him well for the future, Oxford Metrics CEO Imogen Moorhouse said of the new appointment: "I am very much looking forward to having Zoe as part of my executive team.

"Culturally, she is absolutely the right fit with the right financial stewardship and skill set to take us forward. She’s really excited to join us at a pivotal moment in our five-year plan and as we execute on our clear roadmap to unlock growth and new market opportunities."