Octric is seeking a dynamic, strategic, and hands-on CEO to drive both immediate performance improvements and long-term business transformation. Taking over from the interim CEO, the successful candidate will be responsible for building a world-class leadership team, overseeing a major capital investment programme, and spearheading business development initiatives to transition the company from its current loss-making position to a sustainable and profitable enterprise. As the CEO of a government-owned entity, the role carries accountability to the MOD for financial stewardship and compliance, with direct reporting to Ministers.

This is a rare opportunity to lead a company at the heart of the UK’s defence semiconductor strategy, with full government backing and a clear mandate for growth. With a significant investment pipeline and ambitious expansion plans, the incoming CEO will play a crucial role in shaping the future of a business with both national security and commercial significance.

• Develop and execute a robust growth strategy aligned with the MOD’s defence priorities and commercial market opportunities.

• Expand Octric’s revenue streams by securing new defence and non-defence contracts.

• Lead integration efforts for new business units and drive investment funding strategies.

• Position Octric as an innovation leader in the semiconductor sector.

• Recruit and develop a world-class executive team capable of delivering on Octric’s ambitious growth plans.

• Foster a high-performance culture that encourages innovation, accountability, and excellence.

• Ensure the retention and development of top talent to future-proof the organisation.

• Oversee complex manufacturing operations, ensuring efficiency, quality, and scalability.

• Manage human resources effectively, shaping a positive workplace culture.

• Identify and mitigate operational and financial risks.

• Ensure full compliance with defence sector regulations, including health, safety, and environmental standards.

• Maintain rigorous financial controls and transparent reporting to the MOD.

• Champion research and development efforts to drive technological advancements.

• Cultivate strong relationships with key stakeholders, including government agencies, defence clients, suppliers, and contractors.

• Maintain an effective partnership with the Chair and Non-Executive Directors to align company strategy with governance priorities.

• Represent Octric in industry discussions on semiconductor strategy and national security of supply.

• Ensure clear and compelling communication of the company’s vision and strategy to internal and external audiences.

• Proven track record as a CEO or senior executive in a high-tech or advanced manufacturing environment.

• Experience in the defence or aerospace sector is highly desirable.

• Strong background in business transformation, financial turnaround, and capital investment management.

• Demonstrated ability to engage with government stakeholders and navigate public-sector governance.

• Experience in the semiconductor industry is advantageous but not essential.

• Must be a UK national capable of obtaining security clearance.

• Visionary leadership: A strategic thinker with the ability to translate vision into action.

• Hands-on approach: Willingness to be deeply involved in day-to-day operations while driving long-term strategy.

• Excellent communicator: Strong influencing skills with the ability to engage at all levels.

• Integrity & accountability: Demonstrates high ethical standards and transparency.

• Resilience & agility: Able to lead through complex challenges and uncertainty.

• Innovation mindset: Passionate about technology and fostering a culture of continuous improvement.