{"id":5563,"date":"2019-04-17T10:16:10","date_gmt":"2019-04-17T10:16:10","guid":{"rendered":"https:\/\/www.cic.vc\/?p=5563"},"modified":"2023-11-23T10:17:25","modified_gmt":"2023-11-23T10:17:25","slug":"cic-announces-the-departure-of-its-chief-executive-officer","status":"publish","type":"post","link":"https:\/\/www.cic.vc\/cic-announces-the-departure-of-its-chief-executive-officer\/","title":{"rendered":"CIC announces the departure of its Chief Executive Officer"},"content":{"rendered":"<p>Victor has spent over five years working for CIC, during most of which time he has been CEO. He has recently overseen the completion of CIC\u2019s latest fundraising, raising \u00a3150 million from a wide group of investors. This new capital will ensure that CIC\u2019s current portfolio of 25 companies will have access to the capital they need to reach maturity, whilst also allowing CIC to pursue new investment opportunities.<br \/>\nVictor said, \u201cMy time with CIC has been a fantastic journey. I have seen the company grow into a leading investor with an outstanding team. However, with the new funding in place I believe this is an opportune time to re-evaluate my career, with a view to moving back into a more hands-on investing role.\u201d<\/p>\n<p>CIC will be restructuring its management team in readiness for the next phase in CIC&#8217;s development. CIC\u2019s Chairman, Edward Benthall will take on the role of Executive Chairman on an interim basis during this process.<br \/>\nEdward Benthall said, \u201cVictor has made a huge contribution to the success of CIC. He has led the process of establishing a first-class investment team and an excellent portfolio of companies. He has also led two fundraising rounds, raising \u00a3225 million, taking CIC from its early foundation stage to becoming a principal investor in UK IP. He leaves with our gratitude for all that he has done for CIC and we wish him the very best for the next stages of his career.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Victor has spent over five years working for CIC, during most of which time he has been CEO. He has recently overseen the completion of CIC\u2019s latest fundraising, raising \u00a3150 million from a wide group of investors. This new capital will ensure that CIC\u2019s current portfolio of 25 companies will have access to the capital [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":5538,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[5],"tags":[49],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CIC announces the departure of its Chief Executive Officer - Cambridge Innovation Capital<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cic.vc\/cic-announces-the-departure-of-its-chief-executive-officer\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CIC announces the departure of its Chief Executive Officer - Cambridge Innovation Capital\" \/>\n<meta property=\"og:description\" content=\"Victor has spent over five years working for CIC, during most of which time he has been CEO. 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