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TTP Group

TTP Group


Date: 02/07/07

All change at TTP Group, 20 years on

After 20 years as Chief Executive of TTP Group, Gerald Avison takes over as its Chairman. Gerald led the formation of TTP and has guided the company through some difficult times in its early days to the successful company it is today.

Through profits and spin-outs, TTP has generated unmatched returns for shareholders and staff, most of whom are shareholders.  This year has seen profits grow by 20%.  Gerald will be taking over from Keith Humphreys.  Keith is retiring as chairman after nine years.

Peter Taylor becomes Chief Executive of TTP Group.  Peter is one of the founder members of TTP and has been a TTP Group Director and Managing Director of The Technology Partnership, the technology product development business of TTP, for six years.  Before that he led the growth of the scientific half of The Technology Partnership, took TTP into Japan and was particularly active in growing TTP’s digital printing business. 

New additions to the TTP Group Board of Directors are two other founders, Dr Philip Blenkinsop, MD of TTP LabTech, the company’s extremely successful laboratory automation and instrumentation business and Dr Chas Sims, Director of TTP, who built the awarding-winning engineering based half of TTP; and Gerry Fitzsimons, CEO of TTP Venture Managers, the early stage technology VC arm, who joined TTP after helping many of Cambridge’s top technology businesses, including TTP, as one of Cambridge’s leading commercial lawyers.

Gerald Avison said: “I am grateful to Keith for his support and guidance over the last nine years and I am pleased to be handing over the role of CEO to a very experienced and safe pair of hands. It is also a privilege to continue to work with a team of such talented, committed and thoroughly nice people, and to see the company develop in new and exciting ways through their energy and achievements.”

Peter added: “Gerald is handing over when the company is not just in excellent shape but also rich in talent, experience and know-how.  It is a privilege and a pleasure to move into this role.”

Photo caption: From left to right - Gerald Avison, Peter Taylor and Keith Humphreys.

About TTP Group

TTP Group is the award-winning technology and product development company based near Cambridge. 

Our primary activity is creating new business based on advances in technology.  TTP’s technology lies behind many products and processes in areas as diverse as digital printing, communications, instrumentation, consumer products, medical products, drug discovery, micro devices, optics and vision and software.  We also work in a traditional consultancy role to help companies manage their business and technology better.  Our customers include some of the world’s largest and most successful as well as some of the smallest and most ambitious.  We incubate new companies and manage a Venture Capital fund which invests in early stage technology start-ups.

www.ttpgroup.com

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Organisation:  TTP Group








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