Change of Board role

RNS Number : 6154Z

Titon Holdings PLC

15 September 2022

 

LEI: 213800ZHXS8G27RM1DD7

  15 September 2022 

Titon Holdings Plc

Change of Board role

Titon Holdings Plc ("Titon", or the "Group"), a leading manufacturer and supplier of ventilation systems and window and door hardware, today announces that Keith Ritchie will move from his role as Executive Chair of Titon to Non-Executive Chair with effect from 1 October 2022. This change in role follows the executive Board appointments in the last year and completes the Board changes that commenced earlier this year. These have been designed to put in place a strong and experienced Board to focus on delivering the Group's strategy and financial performance, while ensuring that operational matters are managed at the level of the Group's main subsidiary.

Alexandra French, CEO, commented:

"Keith has been Executive Chair of Titon for 10 years and following the board changes we have made, this is the right time for him to step back from an executive role. I would like to offer my huge thanks to Keith for his services to Titon in the last ten years and the leadership he has shown, and I look forward to Keith's on-going contribution to Titon as Non-Executive Chair. Despite the challenges we have been navigating in 2022, I am very confident in the strength of the new management team and the future of the Group."

For further information please contact:

Titon Holdings Plc

Keith Ritchie    Tel: [phone]

Shore Capital (Nominated Adviser and Broker)    

Daniel Bush  Tel: [phone]

Tom Knibbs

 

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