SatSense, a leading provider of InSAR ground stability data, has announced the appointment of John McArthur as Chairman. John was previously a founder and CEO of Tracsis plc, a software and data analytics company that spun out from the University of Leeds in 2004. During his tenure, Tracsis grew to become a highly profitable AIM listed company with a market capitalisation in excess of £200m. John has been advising the SatSense board since 2019.
SatSense was founded in 2017 by Professors Andy Hooper and Tim Wright, globally renowned academics in the measurement of the form and dimensions of the Earth, together with Andrew Wallace, formerly Chief Commercial Officer of Eutelsat (a global satellite company) with wide board and executive experience in telecoms, satellites, sensing and electronics. The company was backed by Mercia, the University of Leeds, and Unipart Rail. Since then it has established itself as a respected supplier of ground movement data to the infrastructure, property, insurance and mining sectors in the UK and globally. Matthew Bray joined the business as CEO in March 2020.
Andrew Wallace steps down as Chairman and will leave the business. Andrew said, “I am delighted to have helped found this business, ensured that it remains very well capitalised, and to have hired Matthew as CEO and John who will now become Chairman. John has specific experience to guide the next phase of growth and I wish the team the best of luck.”
Matthew comments – “John’s advice and stewardship has been invaluable over the last couple of years and we’re delighted to have him aboard. I wish our departing Chairman Andrew Wallace all the best and am grateful for his guidance and support.”
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