Cosworth strengthens executive management team with COO appointment
Cosworth has appointed digital and business transformation specialist Stephen Dyke into the newly created role of Chief Operations Officer (COO) to support the company’s growth within the transportation technology sector.
Dyke joins Cosworth from engineering firm Ricardo, where he spent two years as Managing Director, leading the company’s automotive and industrial offering across EMEA. He was also Chair of the EMEA Board, as well as statutory director of Ricardo UK Ltd, so brings to Cosworth recent and relevant credentials in the fields of automotive, commercial, defence, marine, aerospace and energy sectors.
Since Cosworth was established in 1958, its name has been synonymous with technological prowess and high performance. From pioneering innovations in motorsport, Cosworth has transitioned into a profitable transportation technology company with leading expertise in the areas of performance, digitalisation, and electrification.
Recent growth has been driven by high profile programmes and partnerships in the fast-evolving intelligent transportation space. Today, Cosworth is a high-quality business with a unique brand heritage, an impressive track record and high revenue visibility.
Dyke’s appointment as COO, reporting to Chief Executive Officer Hal Reisiger, will allow the company to accelerate its roadmap to electrification and to solve new mobility challenges through hybrid and EV propulsion, data connectivity and automation technology.
Prior to his work with Ricardo, Dyke was responsible for leading data and digital transformation within Amey, EY and Network Rail, as well as running the transport and logistics Business at CSC, now known as DXC Technology.
Underpinning his career, Dyke spent over twenty years in the Royal Air Force (RAF), during which he studied electronic systems engineering at Cranfield University. Intelligence and data have always played a critical role in his career, whether planes, trains or automobiles, using a passion for tech-enabled transformation to help translate business needs into sustained organisational change.
Stephen Dyke said: “Cosworth is an exciting business and much broader in its capabilities than many yet know from the outside. Since joining, I have learned more about our high-performance engineering and an opportunity to scale the company’s suite of offerings into new sectors and geographies. I am looking forward to supporting the business growth, taking everything for which Cosworth is renowned, and evolving our product strategy that integrates into future mobility solutions. Speaking to Hal and the Executive Team, I got a clear understanding of the company vision, to take Cosworth’s golden thread of internal combustion engine technology, electronics and software, and use them to drive a future of sustainable and intelligent mobility.”