Expanding Scots tech innovator Novosound names former Baker Hughes exec as chairman

Scottish ultrasound technology company Novosound is building on its global ambitions after appointing a former Baker Hughes senior executive as its chairman.

Left to right, Dr Dave Hughes, founder and CTO Novosound, Richard Cooper, founder and CEO Novosound, with Dr Derek Mathieson.
Left to right, Dr Dave Hughes, founder and CTO Novosound, Richard Cooper, founder and CEO Novosound, with Dr Derek Mathieson.

Derek Mathieson, who is currently based in Houston, Texas, has held a number of high-profile positions at Baker Hughes. These include vice president, chief commercial officer; vice president and chief strategy officer; president, Western Hemisphere operations; and president, products and technology.

In his most recent role, as chief marketing and technology officer, he was responsible for leading the commercial growth strategy for the company.

Hide Ad

Mathieson earned a PhD in micro electro-mechanical systems and a bachelor’s degree in electrical and electronic engineering from Heriot-Watt University in Edinburgh, and was awarded an honorary doctorate in engineering from the same institution.

Established in 2018 by chief technology officer Dave Hughes and chief executive Richard Cooper, Novosound is based just outside Glasgow and now employs a team of 27. It was the first spin-out company from the University of the West of Scotland, raising £1.5 million at its seed investment round in April 2018.

Hide Ad

The business also secured a £1m grant from Scottish Enterprise in July 2019 as part of a £2m project to rapidly scale up its research and development activity and recruit staff.

Hughes said: “Derek brings vast experience of international businesses to Novosound. With the global ultrasonic market now valued at $45 billion, and growing, we strongly believe there is a huge opportunity to grow at scale and to take a big part of that market.

Hide Ad

“Attracting such an influential and internationally respected industry leader as Derek is extremely exciting for us and is a strong reflection on the work we have delivered to date and demonstrates our future ambitions and plans.”

Read More
Funding boost sees Glasgow sensors spin-out take on skilled staff
Hide Ad

A message from the Editor:

Thank you for reading this story on our website. While I have your attention, I also have an important request to make of you.

Hide Ad

The dramatic events of 2020 are having a major impact on many of our advertisers - and consequently the revenue we receive. We are now more reliant than ever on you taking out a digital subscription to support our journalism.

Subscribe to scotsman.com and enjoy unlimited access to Scottish news and information online and on our app. Visit https://www.scotsman.com/subscriptions now to sign up.

Hide Ad

By supporting us, we are able to support you in providing trusted, fact-checked content for this website.

Joy Yates

Hide Ad

Editorial Director

Comments

 0 comments

Want to join the conversation? Please or to comment on this article.