We have today announced that CEO Ian McFadzen will be stepping down from his role in November 2024. The Plymouth Science Park Board has initiated a search for his successor.
Mr McFadzen, who has led Plymouth Science Park (PSP) for seven years, will be taking up the position of CEO at the Ocean Conservation Trust.
During his tenure, the Park has progressed to become a recognised leader in Plymouth’s and the region’s innovation ecosystem, and a key member of the national Science Park Association. A joint venture between the University of Plymouth and Plymouth City Council, the 25-acre campus is home to science and technology businesses involved in health, marine, earth and life sciences, digital and creative.
Chris Richards, Chair of PSP, said: “Under Ian’s stewardship, the Science Park has continued to evolve as a thriving centre of innovation and opportunity. The Board of PSP would like to thank Ian for his remarkable contribution to the enterprise over the last seven years. We wish him every success in his new challenge.
“We are focusing now on finding an exceptional new CEO who can work with the Board, tenants and key partners to ensure the science park evolves and progresses as a leading hub of science, technology and innovation for the region and beyond.”
Under Mr McFadzen’s leadership, the Park has fostered the creation of high-value jobs in technology enterprises across various sectors. Notable achievements include the establishment of an Additive Manufacturing facility, widely regarded as the South West’s leading centre for pilot work in this technology, and an aligned partnership with the National Composite Centre, to bolster industry-led collaborative research and development, and innovation and skills in emergent technologies including AI and High-Performance Computing.
Ian McFadzen commented on his departure: “It’s been a real privilege and honour to have worked with the PSP team these past seven years. Not only is the Science Park a leading institution that helps foster innovative firms, but we’ve always strived to be an open and collaborative organisation, working to elevate the amazing science and technology ecosystem centred on Plymouth.
“I’m excited about the next chapter for me personally but want to pay tribute to the many colleagues and people across the Park and other organisations, who I’ve had the pleasure of working with.”
A former marine biologist, Mr McFadzen has been a strong advocate for forging regional and national partnerships whilst at the Science Park. He is a Fellow of the Royal Society of Biology and Director of the UK Science Park Association. Previous roles have included Commercial Director at the University of Plymouth, Head of the Marine Innovation Centre in Plymouth, and founder and technical director of Biovault.
Plymouth Science Park, home to around 90 innovative science and technology firms, works closely with the University of Plymouth, Plymouth City Council, Plymouth Freeport, Oceansgate, and other key stakeholders to drive innovation and economic growth in the region.
Mr McFadzen will continue in his role until November 8, 2024, when he takes up the position at Ocean Conservation Trust.