Northumberland, UK: Internationally renowned Industry veteran Steve Bagshaw joins Arcinova board to propel continued industry-leading growth
Arcinova, one of the fastest growing multi-service Contract Development and Manufacturing Organisations (CDMOs), is delighted to welcome Steve Bagshaw to its board as a Non-Executive Director. Steve has almost two decades of board level experience, including leadership roles within Japanese, American and UK Private Equity corporate cultures. His proven acumen drove the rapid growth of a CDMO from $50m to over $600m turnover including transformational acquisitions both in Europe and the US.
Steve’s appointment continues Arcinova’s strategy of strengthening the company board following the appointment of Roger Kilburn as CEO in 2019. Steve’s contribution will be pivotal to the continued growth of the business over the next few years, underpinned by the company’s investor, Business Growth Fund (BGF), who are fully supportive of our continued development.
With its board now complete, Arcinova looks to the future with renewed optimism and confidence. In line with the company’s growth strategy, Arcinova will look to make strategic acquisitions as appropriate to further enhance the scope and accessibility of its offerings to its international customer base.
Steve Bagshaw commented, “I am delighted to be joining the team at Arcinova as a Non-Executive Director. The Leadership Team have already established an impressive track record and I have every confidence they will continue to grow the business rapidly. I am looking forward to working with them on this journey of growth.”
Ian Shott, Executive Chairman at Arcinova, commented, “We are enormously privileged to welcome Steve to our board. His unparalleled experience will be invaluable to us as we continue the already remarkable journey of Arcinova.”