Appointment & retirement of non-executive director

Trifast PLC

11 March 2024

 

London: Monday, 11 March 2024

TRIFAST PLC

(Trifast, Group or Company)

Leading international specialist in the design, engineering, manufacture, and distribution

of high-quality industrial fastenings and Category 'C' components principally to major global assembly industries

Directorate change

Appointment and retirement of a Non-Executive Director

Trifast is pleased to announce the Board appointment of Laura Whyte as a Non-Executive Director and Chair of the Remuneration Committee effective from 11 March 2024.

Laura, having worked in a number of organisations within the listed, private and charitable sectors, is an experienced operational and non-executive director with a strong focus on brand, customer and workforce engagement and ESG.

Prior to building her NED portfolio Laura spent her executive career within the John Lewis Partnership and held various senior management roles including being a member of the John Lewis Management Board; in her last six years at the Partnership, she was HR Director and held the brief for Internal Communications. 

Laura's other listed non-executive appointments include the UK property REIT, Capital and Regional plc and Macfarlane Group plc, leading designers and manufacturers of protective packaging through its distribution channels in the UK, Ireland and Europe.  She is also a Trustee and at The Royal Naval College, Greenwich.

As previously announced on 12 October 2023, Claire Balmforth informed the Board of her intention to step down and retire from the Company once a suitable candidate has been appointed. Following Laura's appointment, it has been agreed that after a short transition period Claire will retire at the end of the current financial year ending 31 March 2024.

Commenting on the changes, Serena Lang, Chair at Trifast said:

"On behalf of everyone at the Company we welcome Laura to the business; she has had a successful career with a particular focus on people and we believe that her extensive leadership experience and skills will further enhance the leadership team's capabilities. The Board and I look forward to working together with Laura as we focus on moving forward with our strategy."

"Also, on behalf of all my colleagues at the Company I would also like to thank Claire for her positive and professional contribution to the business during her tenure, and we wish her a long and happy retirement."

There are no other disclosures required to be made in respect of Laura Whyte, pursuant to Listing Rule 9.6.13R.

LAURA WHYTE
Current directorships:	Previous Directorships and advisory roles:
2022: Non-Executive Director, Macfarlane Group plc (Chair of the Remuneration Committee; member of the Audit and Nominations Committees; designated NED Workforce Engagement)	2018-2022: Non-Executive Director, Chair of XL Vets UK Ltd 2014-2023: Non-executive director, British Horseracing Authority 2014-2021: Non-Executive Director, The Ministry of Defence 2013-2017: Trustee The Ebony Horse Club 2013-2016: Non-Executive Director, The British Equestrian Federation 2011-2018: Executive Trustee, Women in Retail 2007 - 2014: Founding Chair & Trustee, John Lewis Foundation
2015: Non-Executive Director, Capital and Regional plc (Chair of the Remuneration Committee; and member of the Audit and Nominations Committees; designated NED Workforce Engagement)

Enquiries please contact:

Trifast plc

Serena Lang, Non-Executive Chair

Iain Percival, Chief Executive Officer

Christopher Morgan, Group Company Secretary

Office: [phone]

Email: [e-mail]

Shareholders: [e-mail]

Peel Hunt LLP (Stockbroker & financial adviser)

Mike Bell

Tel: [phone]

TooleyStreet Communications (IR & media relations)

Fiona Tooley

Tel : [phone]

Email: [e-mail]

Editors' notes

About Trifast plc LSE: Main Market Premium Listing; Ticker TRI Founded in 1973, TR is a leading international specialist in the design, engineering, manufacture, and distribution of high-quality industrial fastenings and Category 'C' components principally to major global assembly industries. The Group supplies to customers in c.70 countries across a wide range of industries, including light vehicle, heavy vehicle, health & home, energy, tech, & infrastructure (ET&I), general industrial and distributors. As a full-service provider to multinational OEMs and Tier 1 companies spanning several sectors, we deliver comprehensive support to our customers across every requirement, from concept design through to technical engineering consultancy, manufacturing, supply management and global logistics. As an international business we are able to provide 24/7 customer support from across key regions in the UK, Asia, Europe and North America. In addition to our service locations we operate a number of manufacturing facilities focused on high volume cold forged fasteners and special parts. We have also established Technical & Innovation Centres to support R&D and customer collaboration across the world. For more information, visit our Investor website: www.trifast.com Commercial website: www.trfastenings.com  LinkedIn: www.linkedin.com/company/tr-fastenings Twitter: www.twitter.com/trfastenings Facebook: www.facebook.com/trfastenings Trifast, TR and TR Fastenings are registered trademarks of the Company LEI number: 213800WFIVE6RWK3CR22

 

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