REG - TT Electronics PLC - CEO Appointment

TT electronicsAnnouncement

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RNS Number : 8746U  TT Electronics PLC  12 August 2025

 

 

12 August 2025

 

TT Electronics plc

 

CEO Appointment

 

The Board of TT Electronics PLC ('TT') is delighted to announce the
appointment of Eric Lakin, who has been acting Chief Executive Officer and a
member of the Board since 10 April 2025, as its Chief Executive Officer with
immediate effect. This decision follows an external search process conducted
by the Nomination Committee.

Commenting on the appointment, Warren Tucker, Chair of the Board said:

"After an extensive, externally facilitated search that considered a strong
field of external candidates, the Board unanimously concluded that Eric is the
best person to lead TT forward. Eric is a proven leader, with sector
experience and has made good progress in stabilising the company since taking
over in April. I look forward to supporting him as we focus on our short-term
priorities and the turnaround of TT, ensuring it delivers for all our
stakeholders."

Commenting on his appointment, Eric Lakin said:

"I am very pleased to take on the role of CEO and grateful for the trust
placed in me by the Board. I look forward to continuing to work alongside our
strong team as we deliver on our commitments to customers, employees, and
shareholders."

 

Save as set out above, there are no further matters requiring disclosure
pursuant to Rule 6.4.8R of the UK Listing Rules in relation to this
appointment.

 

 

 

 

 For further information please contact:
 TT Electronics plc                       Tel: +44 (0)1932 827779
 Warren Tucker, Chairman

 Eric Lakin, Chief Executive Officer

 Kate Moy, Head of Investor Relations and Communications

 MHP                                      Tel: +44 (0)7817 458804
 Tim Rowntree / Ollie Hoare

 

 

About TT Electronics

TT Electronics is a global provider of engineered electronics for performance
critical applications. TT operates in industries where there are structural
growth drivers, working with market-leading customers primarily in the
Healthcare, Aerospace, Defence, Automation and Electrification sectors.
Products designed and manufactured include power management devices, sensors
and connectivity solutions. TT has design and manufacturing facilities in the
UK, North America and Asia.

For more information about TT Electronics visit www.ttelectronics.com
(https://protect.checkpoint.com/v2/___http:/www.ttelectronics.com/___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzpkYzU4NmQwNjRiZTkxOTg5YzQ3Y2Q1OWVmOWFmNWM1Njo2OjRlNmQ6YWJlZGFjYmQxZDczNmVjNGU1M2M2NzJmZGRjY2U4NTEzYjM4ZjQ5ZWUxZTgwMTk2NjRiMjU0ODA0NmFlYWI4MjpwOlQ)
.

Notes:

1.   This announcement contains information that qualifies, or may qualify,
as inside information for the purposes of Article 7 of the Market Abuse
Regulation (EU) 596/2014 of 16 April 2014 as it forms part of domestic law by
virtue of the European Union (Withdrawal) Act 2018. The person responsible for
releasing this announcement on behalf of TT is Ian Buckley.

2.   Eric Lakin's remuneration remains unchanged, as set out in the
announcement published by TT on 10 April 2025 in connection with his
appointment as acting Chief Executive Officer.

 

 

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