TT ELECTRONICS PLC — Board/Management Information 2024

Nov 14, 2024

National Storage Mechanism | Additional information

RNS Number : 2363M

TT Electronics PLC

14 November 2024

 

14 November 2024

TT Electronics plc

Board Change

TT Electronics plc ("TT", the "Group"), a global engineer and manufacturer of electronic solutions for critical applications, announces that Mark Hoad, Chief Financial Officer, has informed the Board of his intention to retire after 10 years with the Group. Mark will remain in his existing role until 30th September 2025 or until a suitable replacement is found. Mark will continue to focus on delivery of the Group's strategic, operational and financial priorities until his retirement and will assist with the transition to his successor

The Board has initiated a search for Mark's successor and will provide an update once this process has concluded.

Peter France, Group Chief Executive Officer, commented:

"On behalf of the Board and all of his colleagues in TT, I would like to thank Mark for his support and significant contribution to TT Electronics over the last 10 years. Mark's financial leadership and counsel has been instrumental in transforming the business and creating the platform that we have today. On a personal note, it has been a pleasure working with Mark over the last year and I fully understand his desire to spend more time with the family and focus on the next stage of his journey."

Warren Tucker, Chairman, commented:

"Mark's service to TT over the last decade has been exemplary and I am particularly grateful for Mark in facilitating the change of CEO over the last two years. It has been a pleasure working with Mark and his Board colleagues wish him every success as he transitions away from his full-time executive role." 

For further information please contact:
TT Electronics plc	Tel: +44 (0)1932 827 779
Peter France, Chief Executive Officer Kate Moy, Head of Investor Relations and Communications
MHP	Tel: +44 (0)7817 458804
Tim Rowntree / Ollie Hoare
​

About TT Electronics

TT Electronics is a global provider of engineered electronics for performance critical applications.

TT solves technology challenges for a sustainable world. TT benefits from enduring megatrends in structurally high-growth markets including healthcare, aerospace, defence, electrification and automation. TT invests in R&D to create designed-in products where reliability is mission critical. Products designed and manufactured include sensors, power management and connectivity solutions. TT has design and manufacturing facilities in the UK, North America, and Asia.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

BOAUSANRSAUAARA