Peter Butcher will continue his strategic leadership role and moves to a new role of Executive Chairman.
TMD announces new management team
There are major changes afoot at TMD Technologies Ltd, the leading supplier of high power microwave products. Following a six year trend of steady increases in revenues and sales, the company has decided to set the scene for its next phase of growth. The current management team, led by Peter Butcher, recognises the need for a succession plan, which is designed to set a new team in place to take the company to the next level; and has decided that this is the right time to implement it.
Peter Butcher will continue his strategic leadership role and moves to a new role of Executive Chairman. Peter will take responsibility for the overall direction of the business, whilst stepping back from day to day operational duties.
Coincident to this, Dave Brown is appointed as Managing Director. Dave has been working at TMD since February this year, familiarising himself with the business, our customers and staff. Dave will be responsible for the implementation of the strategic direction provided by Peter. Dave has joined TMD from MBDA where he has held a range of executive roles in engineering, programmes and strategy.
In addition, James Allibone has been appointed as Sales and Business Development Director. He takes over from Graham Brown (previously Sales Director) and the business development leadership previously provided by Howard Smith. Graham has provided excellent service to TMD over the previous 16 years and will retire in January 2014. Howard moves to focus on the engineering function within TMD and will become Engineering Director. James too comes from MBDA, where he has held a number of executive roles in programmes and business development.
Martin Woolley is appointed as TMD's new Finance Director, taking over from John Hill, who retires in March 2014 after 43 years of dedicated service, both pre and post the management buyout. Martin has also been familiarising himself with the business since February. Martin has held a number of finance director roles and has recently successfully guided the financial management of a diverse contracting business through tenfold growth.
Nigel Hann is appointed as Head of Sales, reporting to James Allibone. Nigel has been with TMD for 24 years in a number of sales roles and has been promoted to recognise the leadership he has shown the sales team over the recent years.
Peter Butcher said: "Both Howard Smith (Engineering Director and joint majority owner) and I will continue to work closely with our new team, and will support them in every way as they get to grips with this business. We believe this move is essential for the long term success of the company, and will ensure substantial future growth is achieved".
Dave Brown said: "TMD is a fantastic company and this role is an excellent opportunity. In the short time I have been at TMD I have been immensely impressed by our products and people. We can look forward to a bright future, building on the strong foundations that Peter, Howard and the team have established."
Executive Chairman Peter Butcher (left) with TMD's new Managing Director, Dave Brown.
Notes for editors
TMD Technologies is one of the world's leading designers and manufacturers of specialised transmitters for radar and electronic warfare applications, high voltage power supplies and microwave tubes. The multiple Queen's Award winning company also produces a range of advanced commercial microwave amplifiers for EMC testing and scientific applications.
Date: 18 October 2013
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TMD Technologies Limited, Unit 3, Swallowfield Way, Hayes, Middlesex, UB3 1DQ, UK
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