Titon Holdings PLC Resignation of Chief Executive Officer (7028V)
April 06 2023 - 1:03PM
UK Regulatory
TIDMTON
RNS Number : 7028V
Titon Holdings PLC
06 April 2023
LEI: 213800ZHXS8G27RM1DD7
THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT
QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION FOR THE
PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014
AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION
(WITHDRAWAL) ACT 2018.
6 April 2023
Titon Holdings Plc
Resignation of Chief Executive Officer
Titon Holdings Plc ("Titon" or the "Group"), a leading
international manufacturer and supplier of ventilation systems, and
window and door hardware announces that Alexandra French, Chief
Executive Officer, has agreed with the Board that she will step
down from her role as Chief Executive Officer and will leave the
Board with immediate effect.
The Board intends to initiate a formal executive search process
to identify a new Chief Executive Officer as soon as possible and
will update the market in due course. Until such time as a new
Chief Executive Officer is appointed, the Senior Leadership Team
under the guidance of Carolyn Isom, Chief Financial Officer and
Tyson Anderson, Deputy Chair, will lead the business.
Keith Ritchie, Non-executive Chair of Titon, said: "The Board of
Titon thank Alexandra for her hard work over the last year and wish
her well for the future. The search for a new CEO will start as
soon as possible. In the meantime the senior leadership team under
Carolyn and Tyson's interim leadership will continue to manage the
business in close collaboration with me and the Non-executive
Directors. Current trading remains in line with the guidance set
out by the Board at the AGM on 22 March 2023."
For further information please contact:
Titon Holdings Plc
Keith Ritchie Tel: +44 (0) 7748 146834
Shore Capital (Nominated Adviser and Broker)
Daniel Bush Tel: +44 (0)20 7408 4090
Tom Knibbs
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
MSCBRGDSDGGDGXL
(END) Dow Jones Newswires
April 06, 2023 13:03 ET (17:03 GMT)
Titon (LSE:TON)
Historical Stock Chart
From May 2024 to Jun 2024
Titon (LSE:TON)
Historical Stock Chart
From Jun 2023 to Jun 2024