Renishaw plc announced Sir David McMurtry has decided to hand over his Chief Executive responsibilities. Sir David, together with rest of the Board, announced the appointment of William Lee as Chief Executive with effect from 1 February 2018. Sir David will remain Executive Chairman with responsibility for group innovation and product strategy. Will joined Renishaw in 1996 starting his career in new product research and subsequently headed up the laser and calibration product line and the machine tool product line before being appointed to the Board as Group Sales and Marketing Director in 2016.