Directorate Change

RNS Number : 4356I

Titon Holdings PLC

30 August 2016

 

                   Tuesday 30 August 2016

Titon Holdings Plc

Directorate Change

Appointment of new Non-executive Director

Titon Holdings Plc, a leading manufacturer and supplier of ventilation systems and window and door hardware, today announces the appointment of Kevin Sargeant as a Non-executive Director with effect from 1 September 2016.

Mr Sargeant is a well-known and respected figure in the ventilation industry. He worked at Vent-Axia, a subsidiary of Smith Industries PLC, from 1990 until 2002 when Volution Holdings plc (comprising Vent-Axia) was created. Mr Sargeant led the buyout of Volution Holdings in the same year and was CEO of the newly named Volution Group plc until its sale to Towerbrook Private Equity and management in 2012. Since then, he has held a number of senior strategic development roles with major players in the ventilation sector and was Non-executive Chairman of Nuaire Ltd from November 2013 until its sale to Polypipe PLC in August 2015. Mr Sargeant qualified as a member of the Chartered Institute of Management Accountants in 1980.

Keith Ritchie, Executive Chairman of Titon Holdings, said: "I am delighted to welcome Kevin to Titon and believe that his experience and insight will help us in enacting our strategy for growth and market penetration in the ventilation industry. He knows our markets, at home and internationally, and the industry participants which will benefit us greatly too".

For further information please contact Keith Ritchie

Tel: [phone]

ENDS

 

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