Oxford Sciences Innovation has bid farewell to chairman Patrick Pichette, just a few months after also losing CEO Charles Conn.
Patrick Pichette (pictured) stepped down from his role as chairman of Oxford Sciences Innovation (OS), the venture fund of University of Oxford, on Saturday in order to focus on other commitments.
Chris Chambers, a board member of OSI since 2015, has been appointed chairman with immediate effect. Chambers is also the chairman of investment platform Leonteq and conglomerate Lonrho.
Pichette was selected as OSI chairman in February 2019, taking on the role five months later. He has remained general partner at venture capital firm Inovia Capital, a position he accepted in April 2018, and has been a board member of social media service Twitter since 2017.
Pichette’s appointment to OSI had come at the same time as that of chief executive Charles Conn, however, the latter quietly left the fund in November 2019.
Pichette said: “I wish to thank management and the board for the opportunity to serve OSI for the last year and look forward to the company’s next phase of growth.”
Chambers added: “I would like to thank Patrick on behalf of the board and team at OSI for his work and the great support and encouragement he has given the company over the last year. He will be missed, but I know he will remain a great friend and supporter of our work.”
– Image courtesy of LinkedIn
