Octric is a well-established UK manufacturer of advanced semiconductors used in mission-critical defence and commercial applications. It was acquired for a reported £20m in September 2024 from its US parent Coherent by the Ministry of Defence in order to preserve access to its nationally important capabilities. Octric is based at a substantial manufacturing site in Newton Aycliffe, County Durham. It currently employs around 130 people, although it has in the past employed up to 700 on this site.
As chair of the Audit and Risk Committee you will build a relationship with the excellent finance function to build an audit and risk framework and advise on broader matters. This is a chance for the right candidate to further build their board experience in a critical technology business at the interface between the public and private sectors.
Please download the candidate brief for further information on the role and how to apply.
Berwick Partners