Pyreos, the infrared sensors technology company, today named Andy Laing as its chief financial officer.
The Edinburgh-based firm said the appointment of the Archangels investment executive comes amid an “intensive recruitment drive” aimed at growing its global sales and developing new products.
Chief executive Andrew Wallace said: “We are developing in a fast growing global market and we’re making a number of appointments to Pyreos during this important period of transition and growth. We are excited about the opportunities that lie ahead and are confident Andy will be a key member of the team.”
Pyreos, launched in 2007 as a spin-off from German industrial giant Siemens, bolstered its boardroom in October with the appointment of non-executive directors Tony Lear and Philipp Rose following a £2.5 million fundraising earlier this year.
Alongside the Scottish Investment Bank and Robert Bosch Venture Capital, Seraphim Partners, Siemens Technology Accelerator and Braveheart took part in the fundraising in March.
Chairman Howard Ford said: “This has been a significant year of change for Pyreos, so it is vital for the business to appoint strong talent to support our growth potential. There are important opportunities to launch new products into key markets, including Asia and the USA, so Andy is a very welcome addition to our board to help fulfil those ambitions.”
Pyreos is based at the Scottish Microelectronics Centre on the University of Edinburgh’s Kings Buildings campus.