19 March 2024
TT
Electronics plc
Non-Executive Director Change
TT Electronics plc ("the Company")
announces that Jack Boyer will step down as a Non-Executive
Director at the conclusion of the Company's Annual General Meeting
on 10 May 2024, at which time he will also cease to be the Senior
Independent Director and will relinquish his membership of the
Company's Audit, Nominations and Remuneration Committees.
The Board is pleased to announce the
appointment of Anne Thorburn as Senior Independent Director, in
succession to Jack Boyer, with effect from 10 May 2024.
The Company also announces that
Lynton Boardman will step down as Group Company Secretary on 31
March 2024, when he will be replaced by the Group General Counsel,
Ian Buckley. Furthermore, the Company
announces that Mick Ord has joined the Audit
Committee.
Warren Tucker, the Chairman of TT
Electronics plc, said:
"I would like to thank Jack for his
invaluable contribution to TT Electronics, the Board and our wider
Committee discussions, since joining TT in 2016. I am
particularly grateful for the energy, commitment and enthusiasm
with which Jack has carried out his duties as Senior Independent
Director and as the Company's designated director for stakeholder
engagement. Jack leaves TT Electronics with the Board's best
wishes for the future.
While sad to see Jack leave the
Board, this move is part of our sequenced succession plan for the
Board. The Board will recruit a further Non-Executive Director
during 2024. We are particularly delighted that Anne has agreed to
take up the role of Senior Independent Director and that we have
been able to appoint such an able successor at this important point
in the Company's progression.
I would also like to express the
Board's huge gratitude to Lynton who has
been a constant throughout and instrumental in the transformation
of TT since he joined 11 years ago. We wish him well for the
future."
This announcement is made in
fulfilment of the Company's obligation under UK LR
9.6.11.
For further information please
contact:
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TT Electronics
plc
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Tel: +44 (0)1932 827779
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Warren Tucker, Chairman
Peter France, Chief Executive
Officer
Mark Hoad, Chief Financial
Officer
Kate Moy, Head of Investor Relations
and Communications
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MHP
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Tel: +44 (0)20 3128 8100
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Tim Rowntree / Ollie
Hoare
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About TT Electronics
TT Electronics is a global provider
of engineered electronics for performance critical
applications.
The Company operates in industries
where there are structural growth drivers, working with
market-leading customers primarily in the industrial, medical,
aerospace and defence sectors. Products designed and manufactured
include sensors, power management devices and connectivity
solutions. TT has design and manufacturing facilities in the UK,
North America and Asia.
The Company has three divisions. The
Power and Connectivity division designs and manufactures power
application products and connectivity devices which enable the
capture and wireless transfer of data. We collaborate with our
customers to develop innovative solutions to optimise their
electronic systems. The Global Manufacturing Solutions division
provides manufacturing services and engineering solutions for our
product divisions and to customers that often require a lower
volume and higher mix of different products. We manufacture complex
integrated product assemblies for our customers and provide
engineering services including designing testing solutions and
value-engineering. The Sensors and Specialist Components division
works with customers to develop standard and customised solutions
including sensors and power management devices. Our solutions
improve the precision, speed and reliability of critical aspects of
our customers' applications.
For more information about TT
Electronics visit www.ttelectronics.com.