Titon Holdings Plc, announced the appointments of Paul Hooper and Jeff Ward as independent Non-executive Directors of Titon with immediate effect. At the same time, John Anderson, the Company's founder and a Non-Executive Director, will step down from the Board but will remain as President in recognition of his outstanding contribution to Titon since its inception in 1972. Tyson Anderson will take on the position of Deputy Chairman.

Paul Hooper is currently Chief Executive of The Alumasc Group plc, a position he has held since April 2003. Alumasc is a UK-based supplier of sustainable building products and solutions.He joined Alumasc in April 2001 as Group Managing Director. His earlier career included a first Managing Director role with BTR plc in 1992.

He subsequently joined Williams Holdings plc in Special Operations, implementing acquisitions in Europe and North America, prior to joining Rexam PLC as a Divisional Managing Director with responsibility for operations in Europe and South East Asia. Paul holds an MBA from Cranfield School of Management. Jeff Ward is currently CEO of Guardian Fall, one of the largest independent height safety companies in the world.

He was previously CEO of Centurion Safety Products from December 2015 until July 2020 and before then held a number of leadership roles in hardware and safety businesses where he was responsible for a range of activities, including sales, marketing, supply chain and strategy. Jeff holds an MBA from Warwick Business School and also serves as a Director of the British Safety Industry Federation. Both individuals bring a wealth of experience and skills to the Board and they look forward to them making a valuable contribution to Titon's future.

John Anderson will step down as Deputy Chairman and a Non-Executive Director of the Company with immediate effect and will take up the position of President due to his outstanding service to Titon. He will no longer be a director of the Company but will still be entitled to attend board meetings where his experience and advice will always be valued. Tyson Anderson will take on the position of Deputy Chairman of the Board from and will represent the Anderson family shareholding in Titon on the Board.

The role of Sales and Marketing Director will be moved to main operating subsidiary, Titon Hardware Ltd, and Tyson will continue his duties in this role. As previously announced, Tony Gearey will leave the Group on 6 April 2022 and the role of IT Director will cease with effect from the same day. These changes are designed to allow the Board to focus on delivering the Group's strategy and financia l performance while ensuring that operational matters are managed at the level of the main subsidiary.