Our Board members

Our Board members
Dave Shemmans
Dave Shemmans BEng Chief Executive Officer

Dave Shemmans joined Ricardo in 1999 as Senior Business Development Manager for Ricardo Consulting Engineers (RCE). In 2002, he was appointed Business Development Director for the Ricardo Group, and in December 2003, Managing Director of RCE. He was appointed to the Board as Chief Executive Officer Designate and Managing Director International Operations in February 2005, and became the Chief Executive Officer of Ricardo plc on 4 November 2005. Prior to joining Ricardo, he was Operations Director and co-founder of Wavedriver Limited (a subsidiary of PowerGen plc). He has also gained consulting and management experience in both listed and private companies. He holds a degree in electronics from UMIST and is a graduate of the Harvard Business School. Dave was a board member of the Electronic Leadership Council and Member of the steering group for the New Automotive Innovation Growth Team.

Ian Gibson
Ian Gibson BSc, ACA Chief Financial Officer

Ian joined Ricardo on 13 May 2013 and was appointed Chief Financial Officer with effect from 1 July 2013. Ian is a member of the Institute of Chartered Accountants in England and Wales. He is a highly experienced finance professional with almost thirty years’ commercial experience, most recently as Chief Financial Officer for Cable & Wireless Worldwide plc.

He spent seventeen years in a number of senior financial management positions within the Cable & Wireless Group. In recent years he played a key role in both the demerger and listing of Cable & Wireless Worldwide plc, and the subsequent acquisition of that company by Vodafone. Prior to his time with Cable & Wireless, he spent twelve years at Deloitte, where he worked in the audit and forensic accounting teams in the London and Toronto offices.

Mark Garrett
Mark Garrett CEng, FIMechE Chief Operating Officer

Mark Garrett was appointed as Group Engineering and Products Director on 1 July 2008 and, on 1 July 2010, he was designated Chief Operating Officer. Mark joined Ricardo in August 1998 as Manager – Gasoline Engines, coming from the position of Small Car Powertrain Manager at Rover Group. Since joining Ricardo, he has performed a number of key roles, including Global Product Group Director for Gasoline Engines and head of Ricardo 2010 Consultants Ltd. Mark holds an honours degree in mechanical engineering from Bristol University and is a Chartered Engineer and a Fellow of the Institution of Mechanical Engineers.

Sir Terry Morgan, CBE
Sir Terry Morgan, CBE FREng Chairman

Sir Terry Morgan joined the Board on 2 January 2014 and was appointed Chairman on 29 October 2014.

He has been Chairman of Crossrail Limited since 2009 and prior to this he was Chief Executive of Tube Lines, a PPP company that was contracted to maintain and upgrade the infrastructure of the Jubilee, Northern and Piccadilly lines.

Sir Terry’s experience includes Group Managing Director, Operations, BAE Systems; Group HR Director, BAE Systems; Managing Director (Royal Ordnance); Managing Director (Land Rover), Rover Group and Operations Director, Rover Group. Terry is past President of the Chartered Management Institute (CMI), and a Fellow of the Royal Academy of Engineering and the Institute of Electrical Engineers. He has an MSc in Engineering Production and Management.

He is married and has two children and his interests include golf and rugby.

Sir Terry is Chairman of HS2 College Governing Body, Non-Executive Chairman of the Manufacturing Technology Centre and a Non-Executive Director of Boxwood Limited. He is also a Trustee of the London Transport Museum.

Laurie Bowen
Laurie Bowen BSc, MBA Non-Executive Director

Laurie Bowen joined IBM in 1983, rising to Managing Director, Lloyds TSB account in 2004. In 2006, she joined BT as President, Global Financial Services and Chief Executive Officer, Radianz. She left the role of Managing Director, Commercial and Brands for BT in 2010. She moved to the Tata Group, becoming President, Enterprise Business and Growth Ventures for Tata Communications in 2012. Since 2014, Ms Bowen has been Chief Executive Officer, Business Solutions for Cable & Wireless Communications. Ms Bowen was also Non-Executive Director of Transcom Worldwide from 2012 to 2014.

Ms Bowen has an MBA and BScs in Electrical Engineering and Computer Science from Washington University in St Louis.

Peter Gilchrist
Peter Gilchrist CB Non-Executive Director, Senior Independent Director

Peter Gilchrist was appointed Non-Executive Director on 1 December 2010, Chairman of the Remuneration Committee on 14 November 2013 and Senior Independent Director on 1 July 2015. Peter is a leading military figure with a career spanning almost four decades in the British Army, which involved him in some of the most senior positions in operations as well as in defence diplomacy, strategic management and procurement. Until his formal retirement from the service in 2009, he was based at the British Embassy in Washington DC where he was responsible for liaison with key bodies and senior figures in the Pentagon, National Security Council and State Department, to ensure that UK priorities, intentions and actions were properly interpreted and understood. Before this, he spent a period as Deputy Commanding General, Combined Forces Command Afghanistan, where he was closely involved in facilitating and ensuring that moves towards democracy and Afghan rule were not compromised. Prior to that, for more than four years, he was Master General of the Ordnance on the Army Board and an Executive Director in the Defence Procurement Agency. Peter is currently Chairman of Push Technology Limited and the Board of Trustees for the Tank Museum. He is also a director of Synergie.

Ian Lee
Ian Lee BA, CA, CPA Non-Executive Director

Ian Lee was appointed Non-Executive Director on 1 August 2008 and Chairman of the Audit Committee on 18 November 2008. He is a former senior partner of Ernst & Young LLP in Glasgow. He was a member of the Ernst & Young governing Council for six years, and was a member of the firm's audit committee. He was the Convener of the Institute of Chartered Accountants of Scotland Audit and Assurance Committee. Ian was Non-Executive Director and Chairman of the audit committee of Clyde Process Solutions plc from 2007 to 2011 and is currently Non-Executive Director, Vice Chair and member of the audit committee of NHS Greater Glasgow and Clyde Board. He has recently been appointed as independent external member of the audit committee of the Student Loans Company.

Malin Persson
Malin Persson MSc Non-Executive Director

Malin Persson was employed by the Volvo Group, between 1995 and 2012, where she held roles including Vice President of Corporate Strategy and Business Development, President and CEO of the research and innovation company, Volvo Technology, and Head of Environmental Affairs at Volvo Logistics.

Prior to joining Volvo, Malin was responsible for transport and environmental technology development at the Swedish office of Science and Technology in Brussels. She is an elected member of the Royal Swedish Academy of Engineering Sciences and is owner and CEO of Accuracy AB, a consultancy and engineering company. Malin has an MSc in Industrial Engineering and Management from the Chalmers University of Technology in Göteborg.

Patricia Ryan
Patricia Ryan LLB Hons Group General Counsel and Company Secretary

Patricia Ryan is a qualified solicitor. She joined Ricardo's Legal Department in 2002 and was appointed Group General Counsel in 2005 and Company Secretary in 2008.

Patricia holds an honours degree in law from the University of Westminster and is a member of the Law Society.

William Spencer
William Spencer BSc Non-executive director

Bill joined Ricardo on 24 April 2017. He is currently Non-Executive Director and Senior Independent Director of Exova Group plc, where he chairs the audit committee. He is also Senior Independent Non-Executive Director at Northgate plc and chairman of the audit and risk committee.

Bill is a non-executive member of the Finance Committee of the Royal Institution of Charter Surveyors and was previously a non-executive director and audit committee chairman of UK Mail Group plc.

A significant part of Bill’s executive career was spent at Intertek Group plc, where he was the Chief Financial Officer for 14 years. Prior to that, he held a number of senior financial appointments with Inchcape plc, Olivetti UK Limited, Rexam plc and Centrica plc.

Bill has a BSc from the University of Manchester in the UK, is a member of the Association of Corporate Treasurers and has been a member of the Chartered Institute of Management Accountants since 1986.