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Titon Holdings Plc announced on 10 November 2021 that Mat Norris, Group CEO, will step down from his position. Mr. Norris will remain as CEO and carry out his responsibilities until he leaves the Board on 9 February 2022. The Board also stated that the search for a new CEO will commence immediately.
| Date | 10 Nov 2021 |
| Time | 12:21:24 |
| Category | Board changes |
| ID | 9733R |
10 November 2021
Titon Holdings Plc
Chief Executive Officer resignation
Titon Holdings Plc ("Titon" or the "Group"), a leading international manufacturer and supplier of ventilation systems and window and door hardware, announces that Mat Norris, Group CEO, has informed the Board of his intention to step down from his position to take up another role. Mat will remain as CEO and carry out his responsibilities until he leaves the Board on 9 February 2022, to ensure a smooth transition for the Group.
Keith Ritchie, Executive Chairman of Titon, said: "The Board of Titon is disappointed with Mat's decision to resign after such a short period at Titon. The search for a new CEO will commence immediately and Mat's successor will be announced in due course. We are due to publish our results for the year ended 30 September 2021 on 16 December 2021 and anticipate that those results will be in line with our expectations."
For further information please contact:
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Titon Holdings Plc Keith Ritchie
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Tel: +44 (0)7748 146834 |
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Shore Capital (Nominated Adviser and Broker) Daniel Bush |
Tel: +44 (0)20 7408 4090 |
James O'Neill