TT electronics plc
BOARD APPOINTMENT
TT electronics is pleased to announce the appointment of Neil Rodgers to
its Board. Neil Rodgers will assume the post of Chief Executive on 5
April 2004 following the retirement of Sheridan Comonte.
Neil Rodgers, who is a qualified accountant, joined TT electronics in
1992 as a divisional finance director. Two years later he became
managing director of the group's UK automotive climate control business.
In 1996 he was appointed as divisional chief executive with prime
responsibility for the group's global automotive market. Sales to this
market have risen from £89 million in 1996 to £139 million in 2002 while
operating profits have achieved a compound annual growth rate of more
than 12 per cent.
Commenting on the appointment, John Newman, Executive Chairman said "We
are delighted to welcome Neil to the Board. Under his management the
group's automotive activities have performed consistently well. I am
sure that he will make a significant contribution at Board level."
Enquiries:
TT electronics plc Tel: 01932 856 647
John Newman, Executive Chairman
Biddicks Tel: 020 7448 1000
Zoe Biddick
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