Clinch makes way for Richards at Nanoco

NANOCO Group, a specialist in the development of cadmium-free quantum dots for the display industry, has announced its chairman Tony Clinch has resigned after six years on the board.

Clinch led the Manchester-based company through key milestones, including the move from the AIM to the Official List and from an exclusive to a non-exclusive commercialisation strategy in the display market.

Chris Richards, who joined Nanoco’s board as a non-executive director in November, is the new chairman.

Chief executive Michael Edelman said: “On behalf of the board, I would like to express sincere thanks to Tony Clinch for the major contribution he has made to Nanoco’s development in the past six years, most recently as chairman.

“In this role, he has provided wise counsel on the commercial transition of the company in the display market, opening up new commercial opportunities through a non-exclusive licensing strategy. We thank Tony for his dedication to Nanoco and wish him well in his future endeavours.

“I would also like to welcome Chris Richards to the role of Chairman. I’m confident that he will build on the platform that Tony has created, and guide us in the exploitation of Nanoco’s world-leading technology through multiple channels in the display market and in our other target markets.”