Our Board members

Our Board members
Dave Shemmans
Dave Shemmans BEng Chief Executive Officer

Dave Shemmans joined Ricardo in 1999. He was appointed to the Board as Chief Executive Officer Designate in February 2005 and became the Chief Executive Officer on 4 November 2005. Prior to joining Ricardo, he was managing director of a subsidiary of Powergen plc. He has also gained consulting experience in both listed and private companies. He is a graduate of the Harvard Business School. Dave was appointed non-executive director of Sutton and East Surrey Water plc on 1 September 2014.

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 Chartered Accountant, previously with Deloitte, and is a member of the Institute of Chartered Accountants in England and Wales. He is a highly experienced finance professional with more than thirty years of commercial experience, previously as Chief Financial Officer of Cable & Wireless Worldwide plc where he played a key role in both the demerger and listing of Cable & Wireless Worldwide plc, and its subsequent acquisition by Vodafone.

Sir Terry Morgan
Sir Terry Morgan CBE, FREng Chairman

Sir Terry Morgan was appointed Non-Executive Director on 2 January 2014 and Chairman on 29 October 2014. He was previously non-executive chairman of Crossrail Limited, High Speed Two (HS2) Limited, The Manufacturing Technology Centre Limited and NSARE Limited (the National Skills Academy for Railway Engineering). Sir Terry was also previously a non-executive director of Boxwood Limited and the Department of Energy & Climate Change.

Bill Spencer
Bill Spencer BSc, FCMA, MCT Non-Executive Director & Chairman of the Audit Committee

Bill’s early career was in the industrial, manufacturing and technology sectors. For 15 years until 2010, he was the Chief Financial Officer of the FTSE 100 testing, inspection and certification company; Intertek Group Plc during a period international expansion. Since then he has developed a varied non-executive career. His former NED roles include; UK Mail Plc where he was Audi Committee Chairman and Exova Group Plc where he was the Senior Independent Director and Audit Committee Chairman. Bill was the Senior Independent Director and Audit and Risk Committee Chairman of Northgate Plc. Bill is a non-executive director of The Royal Mint.  Bill is a Chartered Management Accountant and Corporate Treasurer and he has a BSc in Management Sciences from the University of Manchester.

Laurie Bowen
Laurie Bowen BSc, MBA NED & Chairwoman of the Nomination Committee

Laurie Bowen was appointed Non-Executive Director on 1 July 2015. Laurie has over 30 years of international leadership experience at IBM, British Telecom, Tata Group, Telecom Italia Sparkle and Cable & Wireless Communications. Laurie was appointed Non-Executive Director to Chemring Group plc on 1 August 2019.  Laurie has an MBA, a BSc in Electrical Engineering and a BSc in Computer Science from Washington University in St. Louis, Missouri.

Malin Persson
Malin Persson MSc NED & Senior Independent Director

Malin Persson was appointed Non-Executive Director on 4 January 2016. Malin 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 Volvo Technology, and Head of Environmental Affairs at Volvo Logistics. Malin is an elected member of the Royal Swedish Academy of Engineering Sciences and has an MSc in Industrial Engineering and Management from the Chalmers University of Technology in Gothenburg.

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 November 2008. Patricia holds an honours degree in law from the University of Westminster. Patricia achieved the Certificate of Investor Relations from the Investor Relations Society in February 2017.

Jack Boyer
Jack Boyer OBE Non-Executive Director

Jack is a non-executive director of TT Electronics plc where he is a member of the Audit, Remuneration and Nominations committees. He chairs the Board of Trustees of the University of Bristol and is a non-executive director of the Henry Royce Institute for Advanced Materials.
He recently chaired AIM listed company Seeing Machines and was previously a non-executive director at FTSE 250 companies Mitie plc and Laird plc where he chaired the Remuneration committees and was a member of the Audit and the Nominations Committees.  His earlier career experience was as a successful entrepreneur and CEO in engineering and biosciences.
He was until recently a Board Member of the Engineering and Physical Sciences Research Council and co-chaired the Advanced Materials Leadership Council at the department for Business, Energy and Industrial Strategy.
He holds degrees from Stanford University (BA Hons), the London School of Economics (M.Sc.) and Insead (MBA).
Jack was awarded an OBE in 2015 for services to Science and Engineering.

Russell King
Russell King NED & Chairman of the Remuneration Committee

Russell is Chairman of Hummingbird Resources plc, Senior Independent Director and Remuneration Committee Chair of Spectris plc and an Independent Non-Executive Director of BDO LLP. Between 2010 and 2013 he was a Senior Advisor to RBC Capital Markets on Metals and Mining. Prior to this, Russell served as Chief Strategy Officer at Anglo American plc where he had global responsibility for strategy, business development, government relations, safety and sustainable development. He was also a member of Anglo American’s executive committee for eight years. Additionally, Russell was Senior Independent Non-Executive Director of Aggreko plc, the FTSE 100 temporary power company, from February 2007 to April 2017.