Lou Cordwell OBE is stepping down from her role as the inaugural chief executive of The University of Manchester’s innovation unit – Unit M.

Described as the ‘front door’ into the university’s world famous talent, ideas and  resources, Cordwell was named as CEO in December 2024.

She’s best known as the founder of Manchester-based digital design studio magneticNorth, which merged with Fluxx in 2021.

Writing on LinkedIn, Cordwell said: “I’m coming to the end of an amazing two-year term at The University of Manchester.

Lou Cordwell OBE named as CEO of Unit M

“In that time, it’s been a thrill and a privilege to co-conceive and bring to life the university’s new innovation capability, Unit M.

“We’ve shaped the university’s future innovation strategy, built an outstanding team, mobilised an array of incredible innovation projects, and created a game-changing asset that will benefit the university and the region for years to come.

“Unit M is the first of its kind – a new model for how universities step up to the challenge of driving good growth – and honestly, I couldn’t be more proud.”

Unit M is designed to address all aspects of the innovation challenge – from R&D through to innovation adoption through to talent and skills – by making the university’s world-class research, innovation assets and talent more accessible to all.

Cordwell, who was awarded the OBE for services to the creative and digital economy in 2018, praised the support given by Duncan Iveson, President and Vice Chancellor of the University of Manchester.

“His ambition on behalf of the organisation and the region is inspiring,” she said.

“And, of course, to John Holden for his strategic brilliance, and for being the smartest co-founder anyone could hope for.

“Unit M now sits at the heart of the university’s ambitious innovation agenda, as set out in our new 2035 strategy.

“Soon we’ll start the search for my successor to lead Unit M’s next exciting chapter.

“If you’re passionate about the role of universities in unlocking the full potential of our innovation economy, then this is the job for you – so watch this space.

“From first-hand experience, I know this job is a rare opportunity to create a positive impact on the world and to work with a truly world class team (who also happen to be bunch of wonderful humans!).

“And the best news of all – Unit M is only just getting started.”

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Holden, who is the vice-president for civic engagement and innovation at The University of Manchester, told Cordwell: “Unit M wouldn’t exist without your vision, energy and relentlessness – we’ll make sure we look after it as it moves into its next chapter.”

Earlier this year a groundbreaking partnership between The University of Manchester and The University of Cambridge was awarded £4.8m by Research England to accelerate inclusive growth and innovation collaboration.

The partnership is being led by Unit M and Innovate Cambridge – the universities’ respective innovation capabilities.