10th May 2010
Ilika plc, the advanced cleantech materials discovery company, is pleased to announce the appointment of Clare Spottiswoode CBE as a Non-Executive Director of the Company, with immediate effect. The appointment further enhances the Company's role within the energy market and reinforces its strategic capabilities.
Ms Spottiswoode, has a wealth of energy sector and PLC experience, most recently as Policyholder Advocate for Aviva, where she was responsible for ensuring that around one million With-Profits policyholders received a 70% share of the £5-6bn inherited estate which was more than double the only other previous reattribution settlement.
Prior to this her position at Aviva Ms Spottiswoode was Director General of Ofgas from1993 to 1998 where she oversaw the transformation of the gas industry from a monopoly into a deregulated and competitive industry. Her career started as an economist with HM Treasury before she established her own software company.
Ms Spottiswoode currently chairs Gas Strategies Limited, formerly part of Standard & Poor before a management buy-out, and is a Non-Executive director of Energy Solutions, a US Nuclear waste company and Tullow Oil, a FTSE50 Company. She was awarded a CBE for services to industry in 1999.
Welcoming Ms Spottiswoode to the Board, Jack Boyer, Ilika's Chairman, said: "Clare is a valuable addition to the Ilika team, and we are delighted she is joining the Board. Her experience and insight into Ilika's markets will help the Company reach its next level of development".