{"id":1462,"date":"2022-11-11T13:56:00","date_gmt":"2022-11-11T13:56:00","guid":{"rendered":"https:\/\/nag.com\/?post_type=insights&#038;p=1229"},"modified":"2023-09-27T12:00:10","modified_gmt":"2023-09-27T12:00:10","slug":"nag-appoints-jem-davies-as-chair-of-the-board-of-directors","status":"publish","type":"insights","link":"https:\/\/nag.com\/insights\/nag-appoints-jem-davies-as-chair-of-the-board-of-directors\/","title":{"rendered":"<span class=\"nag-n-override\" style=\"margin-left: 0 !important;\"><i>n<\/i><\/span>AG Appoints Jem Davies as Chair of the Board of Directors"},"content":{"rendered":"<div class=\"container content-area-default \">\n    <div class=\"row justify-content--center\">\n        <div class=\"col-12 col-md-10 col-lg-8 col-xl-6\">\n            <p>15 November 2022 \u2013 Dallas, USA \u2013 At SC22, the world\u2019s largest supercomputing event, Numerical Algorithms Group (<span class=\"nag-n-override\" style=\"margin-left: 0 !important;\"><i>n<\/i><\/span>AG) announce the appointment of Jem Davies as the new Chair of the Board of Directors. Technology veteran Davies will help <span class=\"nag-n-override\" style=\"margin-left: 0 !important;\"><i>n<\/i><\/span>AG execute on transformative strategy, focus on product and service innovation, and explore new market positions. Davies replaces current Chair Stephen Todd who leaves after 9 years in the role.<\/p>\n<p>A highly skilled business leader and technologist, Davies brings experience in machine learning, data and processor technology from CPUs to domain-specific processors, strengthening the company\u2019s reach into strategic markets. Having held senior leadership roles at technology giant Arm including Vice-President, Fellow and General Manager for divisions including their Machine Learning Group, he was pivotal in securing several acquisitions, leading to building new businesses inside Arm. Davies has wide experience in non-executive director roles across a variety of companies with for-profit, not-for-profit and industry standards bodies.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1230 size-full\" src=\"https:\/\/nag.com\/wp-content\/uploads\/2023\/05\/jem_davies_2-1.jpg\" alt=\"Jem Davies\" width=\"780\" height=\"600\" \/><\/p>\n<div class=\"paragraph--color--transparent paragraph--alignment--left paragraph paragraph--type--text paragraph--view-mode--default\">\n<div class=\"field field--name-field-paragraph-text field--type-text-long field--label-hidden field--item\">\n<blockquote>\n<p><em><strong>\u201cJem\u2019s impressive background in the processor business is a very welcome addition to <span class=\"nag-n-override\" style=\"margin-left: 0 !important;\"><i>n<\/i><\/span>AG\u201d, said Adrian Tate, CEO of <span class=\"nag-n-override\" style=\"margin-left: 0 !important;\"><i>n<\/i><\/span>AG. \u201cAs we continue to diversify and grow <span class=\"nag-n-override\" style=\"margin-left: 0 !important;\"><i>n<\/i><\/span>AG\u2019s business, we will draw on Jem\u2019s experiences starting, growing and funding several ventures. We are thrilled to have a business leader of this stature as the next <span class=\"nag-n-override\" style=\"margin-left: 0 !important;\"><i>n<\/i><\/span>AG Chair.\u201d<\/strong><\/em><\/p>\n<\/blockquote>\n<blockquote>\n<p><em><strong>\u201cI am proud to have been selected to chair this prestigious company that plays such an important role in computing\u201d, said Davies. \u201cBuilding on <span class=\"nag-n-override\" style=\"margin-left: 0 !important;\"><i>n<\/i><\/span>AG\u2019s great reputation for trust and quality, I am looking forward to helping\u00a0this world leader enter new markets at a transformational time.\u201d<\/strong><\/em><\/p>\n<\/blockquote>\n<\/div>\n<\/div>\n<div class=\"paragraph--color--blue paragraph--alignment--left paragraph paragraph--type--text paragraph--view-mode--default\">\n<h3>About <span class=\"nag-n-override\" style=\"margin-left: 0 !important;\"><i>n<\/i><\/span>AG <\/h3>\n<p><span class=\"nag-n-override\" style=\"margin-left: 0 !important;\"><i>n<\/i><\/span>AG provides industry-leading numerical software and technical services to banking and finance, energy, engineering, and market research, as well as academic and government institutions. World-renowned for the <span class=\"nag-n-override\" style=\"margin-left: 0 !important;\"><i>n<\/i><\/span>AG\u00ae Library &#8211; the most rigorous and robust collection of numerical algorithms available &#8211; <span class=\"nag-n-override\" style=\"margin-left: 0 !important;\"><i>n<\/i><\/span>AG also offers Automatic Differentiation, Machine Learning, and Mathematical Optimization products, as well as world-class technical consultancy across HPC and Cloud HPC, and other areas of numerical computing. Founded more than 50 years ago from a multi-university venture, <span class=\"nag-n-override\" style=\"margin-left: 0 !important;\"><i>n<\/i><\/span>AG is headquartered in Oxford, UK with offices in the UK, US, EU and Asia.<\/p>\n<p>\u2022 Over 50 years of experience in finance and numerical engineering<br \/>\u2022 As a not-for-profit company, <span class=\"nag-n-override\" style=\"margin-left: 0 !important;\"><i>n<\/i><\/span>AG reinvests revenues into research and development <br \/>\u2022 Boasts the largest commercially available collection of mathematical algorithms<br \/>\u2022 60-70% of the world\u2019s largest investment banks use <span class=\"nag-n-override\" style=\"margin-left: 0 !important;\"><i>n<\/i><\/span>AG software<\/p>\n<\/div>\n        <\/div>\n    <\/div>\n<\/div>\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A highly skilled business leader and technologist, Davies brings experience in machine learning, data and processor technology from CPUs to domain-specific processors, strengthening the company\u2019s reach into strategic markets.<\/p>\n","protected":false},"author":16,"featured_media":3823,"parent":0,"menu_order":0,"template":"","meta":{"content-type":"","footnotes":""},"post-tag":[19,20,32],"class_list":["post-1462","insights","type-insights","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.8 - 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