Quixant Plc announced the appointments of Carol Thompson and Duncan Penny to the Board as independent Non-Executive Directors, effective 12 September 2022. Carol Thompson brings to Quixant significant finance expertise following a 20-year career in senior finance roles in both private and public companies, as well as strong technology industry experience. Between 2011 and 2015 she held the position of Chief Financial Officer at SSP plc, a global software company.

Prior to SSP plc, she was Chief Financial Officer at Electricity North West, and has also served as Group Finance Director at The Tote and IT and Finance Director at Stanley Leisure plc. Carol is currently a Non-Executive Director at Maintel Plc, where she is Senior Independent Director and Chair of the Audit Committee, and Foresight Williams Plc, where she is Chair of the Audit Committee. Carol also acts as a strategic and transaction advisor to private equity.

Carol is a Fellow of the Chartered Institute of Management Accountants. Duncan Penny has an exceptional track record of scaling businesses and delivering shareholder value. Duncan served as Chief Executive Officer at XP Power from February 2003 to December 2020 and was previously its Finance Director from April 2000 to 2003.

He led the business through transformational growth to being a constituent of the FTSE 250 with a market cap in excess of £1bn. Duncan also served as a non-executive director on the board of Videndum plc (formerly The Vitec Group plc) until May 2022. Earlier in his career, Duncan held senior roles with Dell Computer Corporation and LSI Logic Corporation.

Duncan has an MA in Chemistry from Oxford University.