Nick Taylor to step down as CEO, Neil Humphrey named successor
LONDON, Sept. 17, 2024 /PRNewswire/ -- After 42 years at Waterman, including 17 years as Chief Executive, Nick Taylor has decided to step down from the Waterman Group Plc Board on 31st March 2025.
Nick will be succeeded on 1st April 2025 by Neil Humphrey, who is currently the Chief Operating Officer of UK and has been an integral part of the Waterman team since 2001.
From 1st April 2025, Nick will continue to support Waterman as Non-Executive Chairman and will retain his position as a Director of Waterman's businesses in Ireland and Australia. This transition has been carefully planned over several years, with the next generation of leaders increasingly taking on more active and responsible roles within Waterman's organisational structure.
About Waterman Group
Waterman Group is a multidisciplinary consultancy providing sustainable solutions to meet the planning, engineering design and project delivery needs of the property, infrastructure, environment and energy markets. The company specialises in civil, structural, transportation, mechanical and electrical engineering as well as sustainability and construction related health and safety consultancy. Founded in 1952, Waterman has since grown into a leading engineering and environmental consultancy with offices throughout the UK, Australia and Europe. See more information on www.watermangroup.com. Waterman Group is part of CTI Engineering, a leading Japanese engineering consultancy specialising in civil engineering and construction works, including planning, research, design, and project management www.ctie.co.jp/english/.
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** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Leadership Transition and Succession at Waterman Group
Leadership Transition and Succession at Waterman Group
LONDON, Oct. 8, 2024 /PRNewswire/ -- State of the art AI glasses to help people with dementia navigate their environment and a smartwatch that learns daily routines are among five groundbreaking technologies awarded £300,000 as a finalist in the £4.4m Longitude Prize on Dementia.
It is rewarding the creation of new assistive technologies that use AI to transform how people live with dementia after a diagnosis so that they can maintain their independence for as long as possible.
The global challenge prize is funded by Alzheimer's Society and Innovate UK and delivered by Challenge Works (part of Nesta).
One in three people born in the UK today will develop dementia in their lifetime, with around a million people in the UK living with a form of dementia now. This is projected to rise to 1.4 million people by 2040.
The five finalists, who were announced today in the UK on BBC One's The One Show, will each receive £300,000 to develop their technologies in the next 15 months. The finalists are:
Dr James Brown, CEO of Supersense Technologies said: "A few years ago, I was volunteering with a charity supporting people who had just received a dementia diagnosis. At almost every house we visited there would be a drawer full of unused gadgets – fall-detection watches or pendants, AI speakers – great tech but clearly not being used by the people it was designed for.
"As an engineer and researcher with a decade of experience in developing sensor technology, I knew that there was far better, unintrusive technology that could help people with dementia or mild cognitive impairment to live safely in their own homes for longer, and to help families know that their loved one is safe and well. Our system is specifically designed to maintain a person's privacy and autonomy, while identifying new behavioural patterns as soon as they develop, so that loved ones or carers can provide support at the right time, all with the aim of helping people to stay independent in their homes for longer."
Kate Lee, CEO of Alzheimer's Society said: "Currently, around one million people in the UK live with dementia, a figure projected to rise to 1.4 million by 2040. AI presents exciting opportunities to help those with dementia stay active and independent, enabling them to remain in their own homes for as long as possible. By harnessing the power of technology, we can support memory recall and assist individuals in maintaining their daily routines. The five finalists of the Longitude Prize on Dementia are tackling these challenges in innovative and diverse ways. I look forward to seeing how their technologies evolve over the next year."
Dr Jennifer Bute was diagnosed with young-onset Alzheimer's disease in 2009 at the age of 63, leading to her retiring early from her career as a GP. She adds: "Research suggests that remaining independent, whether in your own home or a place where extra help is available, is one of the best contributors to slowing the progression of Alzheimer's disease. As a daily user of technology to help manage my finances, medications – even my home lighting – it's really encouraging to see the breadth of new tools and services being developed to support independent living."
Tris Dyson, Managing Director at Challenge Works said: "The Longitude Prize on Dementia was launched to help meet the urgent need for intuitive, AI technologies that could support independent living for people with dementia. Last year we saw some incredible ideas come through the 24 semi-finalist entries and it was a challenge for the judges to select the five finalists announced today. This announcement proves the critical role innovation, and challenge prizes, have to play in helping to solve some of the biggest challenges of our time."
Stella Peace, interim Executive Chair, Innovate UK said: "Dementia's impact is devastating for those who develop the condition and for their loved ones. There is much we can do to ensure that those with dementia continue to live fulfilling lives. Technology has a great role to play and the projects for which we have announced funding today have the potential to truly change lives for the better."
In addition to the financial reward, non-financial support has been funded to provide innovators with crucial insight and expertise until the end of 2025. The support includes access to potential product users, mentorship, and expert advice on technical and business aspects of the innovation to ensure products are scalable. It will also facilitate knowledge sharing between participants. All teams will be working with people with lived experience to ensure solutions are fully co-created.
In early 2026, one winner will receive a prize pot of £1 million, following a judging process with the international Judging Panel and Lived Experience Advisory Panel. For more information on the finalists and prize, please visit dementia.longitudeprize.org.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
High tech specs and adapted World Cup pitch sensors awarded share of £1.5m as finalists in Longitude Prize on Dementia
