Nigel Perry steps down as CEO of CPI; Frank Millar appointed as successor
CPI has today announced that its Chief Executive Officer, Nigel Perry MBE FREng will step down at the end of March 2020. Frank Millar, CPI’s Chief Operating Officer has been appointed his successor and will take on the role of CEO from April 2020.
Nigel steps down after 17 years at CPI where he has grown the organisation from inception to a leading provider of innovation services employing over 450 scientists, engineers, business specialists and support staff. Under Nigel’s leadership, CPI has provided thousands of businesses and partners with support and services to accelerate the translation of research and ideas into viable manufacturing processes and innovative new products.
Nigel Perry said: “Today I am announcing my decision to step down as CPI’s CEO. I am incredibly proud of all that CPI has achieved as an invaluable and reliable partner for small businesses, universities and large corporates, helping them to drive their innovations forward. It has been a privilege to create and lead such an exciting organisation that provides a tangible impact for businesses across the country.
“I am delighted that our Board has appointed Frank Millar as my successor. This announcement comes after two years of rigorous succession planning and strengthening of CPI’s leadership team to ensure our continued success as a company.
“Frank is a proven leader with a clear and inspiring vision for CPI, strong core values, a track record of delivery and the ability to bring people together. These qualities are fundamental as the company enters its next chapter, and there is nobody better to lead CPI into the future.”
Frank Millar said: “It’s an honour to be appointed as CEO at such an exciting time for our business. CPI is a special company with a long history of providing valuable support to businesses in the UK and beyond, helping to translate their research and ideas into economically viable products and processes. We are an organisation led by a purpose – to make a positive, meaningful impact for UK businesses and our local and national economies. I will continue to live our values, develop our culture of innovation and champion our people to fulfil their passion to make a difference.”
Jennie Younger, Non-Executive Chairman of CPI, said “The Board is delighted to have appointed Frank Millar as the new CEO. Building on his already-significant contributions to the company’s success, this appointment sustains strong leadership at the helm of CPI by continuing to champion our people and deliver value to our partners and customers.
“On behalf of the Board, I would like to thank Nigel for his outstanding leadership and express my utmost gratitude for his commitment and enormous contribution to CPI.”
CPI was created in 2003 and is a founding member of the High Value Manufacturing Catapult; a network of world-leading technology and innovation centres designed to transform the UK’s capability for innovation in specific technology areas and markets in order to drive future economic growth.
Follow NETPark On Social Media
Keep up to date with the latest NETPark news and events.
The North East Technology Park provides a dynamic and supportive environment to accelerate the growth of ambitious, innovative, high tech companies into global markets. NETPark encourages collaborative multidisciplinary links, driving innovation, enterprise and economic prosperity.
We provide companies with access to a focused and international community where talent flourishes, ideas are generated and businesses have the support and resources to compete with the best in the world.
NETPark North East Technology Park
NETPark, North East Technology Park,
Sedgefield, County Durham TS21 3FD
Call Us: (+44) 01740 625250
We initially came because of the printable electronics centre but access to a highly skilled semi conductor workforce in the North East has been a key factor in us staying and growing here, as well as the value for money office space and the access to funding.
It fits perfectly for us that we’re surrounded by like-minded companies at NETPark. There are a number of highly skilled people in the area who can help us grow our business. The facilities and services offered by NETPark are first class, they make office life simple and engaging.
The quality of the facilities at NETPark and the attitude of staff is first class. It has a really dynamic, innovative atmosphere.
The proximity to the universities and the infrastructure are very important factors. Ultimately having a presence in Europe is very valuable to us and we intend to stay at NETPark for many years to come.
CPI has developed a specialist offering to support SMEs looking to develop their printable electronics applications and our partnership with Business Durham has been instrumental in attracting several SMEs to locate here in the region.
Access to quality facilities was one of the main drivers for deciding to locate the business at the NETPark. We have been able to use this as a launch pad to link into support from CPI and world-class expertise from Durham University.