Duncan Penny has an exceptional track record of scaling businesses and delivering shareholder value. Duncan served as Chief Executive Officer at XP Power from February 2003 to December 2020, and was previously its Finance Director from April 2000 to 2003. He led the business through transformational growth to being a constituent of the FTSE 250 with a market cap in excess of £1bn. Duncan also served as a Non-Executive Director on the board of Videndum plc (formerly The Vitec Group plc) until May 2022. Earlier in his career, Duncan held senior roles with Dell Computer Corporation and LSI Logic Corporation. Duncan has an MA in Chemistry from Oxford University.