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Innovate are delighted to announce that Richard Findlay has accepted the position of Chairman. Richard is recognized as a leading business figure in the UK (currently chairman of STV plc) and enjoys a high profile due to his various business interests (CV detailed below). We are looking forward to Richard's input and utilizing his vast experience in growing and improving Innovate's proposition. Chris Donald (Managing Director) said "we feel very fortunate that someone of Richard's calibre has decided to join the board of Innovate and we believe this is a statement of Innovate's intent to grow the business to place it at the top end of the advisory market".

Richard Findlay Chairman

Appointed to the Board of STV Plc in February 2007. Richard is the former Chief Executive of Scottish Radio Holdings plc, which he ran for 10 years, building it into a portfolio of 22 radio services and 45 regional newspapers, and consistently delivering to shareholders returns that outperformed peer companies. In August 2005, Scottish Radio Holdings plc was sold to EMAP plc. Richard has strong links in the Scottish arts and political establishments. He is the founding Chairman of the National Theatre for Scotland, a growing life sciences company and Chairman of the Royal Scottish Academy of Music & Drama Foundation. He has served on various boards including that of a leading law firm, a Scottish University and as chair of the Lothian NHS Board.

New technology

If any of you would like to communicate with Chris through the medium of Skype Video calls then please advise us of your username. For those of you who are not so familiar with Skype, it is completely cost free and allows you to communicate face to face over a computer instead of on the telephone. Our username is ‘Innovate-FS’.

Who could have predicted the "credit crunch"?

"Owners of capital will stimulate the working class to buy more and more expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt will lead to bankruptcy of banks, which will have to be nationalised, and the State will have to take the road which will eventually lead to communism." Karl Marx, Das Kapital, 1867