Management Team – 20 year track record of success
Dr Donald Highgate
Director of Research
Dr Highgate is the Company’s Director of Research. He is also a visiting Reader in the Division of Chemical Sciences at the University of Surrey; he is a named inventor in the IP that is the basis of this programme and works with the support of Dr Howlin and Prof Hamerton in the Company’s continuing research programme. Following a degree in physics, he then completed a PhD in the Rheology of non- Newtonian liquid systems, and with others he developed the hydrophilic materials used in the ophthalmic contact lens industry.
In 1992 he established the Hydropolymer Research Unit at the University of Surrey and generated projects worth approximately £1m. In collaboration with the Royal Military College of Science (Cranfield University), Dr Highgate proposed and researched novel hydrophilic ionically conducting materials and low-cost methods for the production of fuel cell membranes and MEAs. These developments led directly to the establishment of ITM Power, of which Dr Highgate was a Founding Director, and Director of Research during the listing process. During his work with the Universities of Surrey and Cranfield he has supervised or co-supervised six PhD students, in excess of 22 MSc students and is the named inventor in 15 UK and international patents.
Subsequently he formulated and co-directed the research programme that has led to the development of the new, electrically active materials whose capacitive properties are the basis of the IP and commercial programme of Superdielectrics.
Marcus Scott FCA
Marcus is an experienced FD/CFO, COO and Chartered Accountant (FCA) with 30 years’ experience. He previously worked with Jim and Don as CFO of ITM Power Plc from 2005-2009 and helped raise over £29m in ITM’s secondary raise on AIM. His long collaboration and working relationship with the founders of Superdielectrics brings a trusted and tested executive into the team.
Previously as CFO and COO of TheCityUK for 10 years, he was responsible for leading the company’s strategy development and day to day implementation, winning the Global Excellence 2017 award for the Industry Association CFO of the year. He represented TheCityUK in the media, on overseas projects in collaboration with British Embassies around the world and gave parliamentary evidence to the Treasury Select Committee and Lord’s Home Affairs Committees on various issues affecting the Financial and related Professional Services industries, one of the UK’s most successful industries.
Philip was a first round cornerstone investor in ITM Power Plc. He has a strong track record backing UK energy technology company start-ups, including two with current valuations of over $1bn. From 2002 he advised and helped finance ITM Power Plc through start-up to an AIM listed company (2004), he is repeating this role with the same team. He has always had a great interest in new energy technology companies and an excellent track record of backing winners.
Lord Spencer is one of the UK’s most financially successful entrepreneurs. Lord Spencer founded Intercapital in 1986 and then established NEX Group plc for focusing on technology based services enabling customers to better execute trades and manage risk. In 2018, NEX was acquired by the CME Group. Lord Spencer is also Chairman of IPGL, his private investment company, which invests in entrepreneurial companies at an early stage of their development.
Nigel Spence, FCA
Nigel qualified as a Chartered Accountant (of the Institute of Chartered Accountants in England and Wales) in 1985. He has worked in financial accounting, taxation, corporate finance and research, at HSBC, Bear Stearns and Lehman Brothers. He has analysed a wide variety of industries and technologies throughout the US, Europe and Asia. From 2000-2010 he was Finance Director of Wax Info Limited, a healthcare software business spun out of The Department of Clinical Informatics at Cambridge University. As Finance Director his responsibilities included fund raising and investor relations.
Ian has been a self-employed Barrister working from 5 Paper Buildings in the Temple for more than 30 years. He has degrees in both biochemistry and law. His areas of practice include regulatory, employment and commercial law. He is listed in Chambers and Partners and the ‘Legal 500’ for an area of regulatory law and has been retained on Part A of the Government’s Regulatory Panel of Counsel for more than 10 years. In Chambers, he served for 10 years as a Member of the Management Committee and then Deputy Head of Chambers. He is now the Chambers Regulatory Contact for liaison with the Bar Standards Board and is a past Chairman of the Chambers Complaints Panel. He advises and represents employers, businesses, various government agencies and industry stakeholders.