Exeter Science Park’s chief executive has announced plans to retire from full-time work next year.
Dr Sally Basker, who has led the organisation since 2017, will step down in June. Under her leadership, Exeter Science Park has grown fivefold, it said, and now contributes approximately £50m annually to the regional economy.
The recruitment process for a new chief executive will start in October, with an appointment expected in January and the incoming CEO most likely to start in May.
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“This is a natural and timely moment to begin planning the next chapter,” said Dr Basker. “With the first phase of the Science Park’s development now complete, I feel confident the park is in a strong position to move forward. Leading Exeter Science Park since 2017 has been an honour and a privilege."
Exeter Science Park is owned by four shareholders – Devon County Council, East Devon District Council, Exeter City Council and the University of Exeter.
It is home to more than 45 high-growth science, technology, engineering, maths and medicine businesses, and supports some 750 jobs.
Dr Basker added: “This success is due to teamwork. I must take this opportunity to thank our shareholders, my board and executive colleagues, partners, suppliers and clients. I am also eternally grateful to my partner and family for their steadfast love and support.
“The South West is a fantastic region, full of vibrant and innovative businesses, particularly in the STEMM sector, and it has been a privilege to have played a part in its development.
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"On taking the position, I was welcomed to the business community and have been consistently inspired by its spirit of collaboration and ambition. The support for Exeter Science Park - and for me personally - has been unwavering, and I’m proud of the strong partnerships we’ve built across the region.”
The announcement comes just two months after the park appointed Dr Eulian Roberts as its new chair.
He said: “Sally’s leadership has been transformational. Her strategic vision, collaborative approach and unwavering commitment have laid the foundations for the Park’s next phase of development. On behalf of the board and shareholders, I want to express our deep appreciation for her service.”
Exeter Science Park is currently seeking investment of up to £200m for its next phase of development, which it says it hopes to complete by the late 2030s.
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