31 July 2019
TT Electronics plc
TT Electronics plc ("the Company" or "TT"), a global provider of engineered electronics for performance critical applications, announces that Michael Baunton will be retiring as Non-executive Director with effect from 1 September 2019.
Neil Carson, Chairman, commented:
"On behalf of the Board of TT Electronics, I wish to thank Mike for his dedicated service to the Board and its committees since joining in 2010, during which time TT has delivered significant portfolio transformation and is now a higher quality business. We wish Mike well in all his future endeavours."
Michael Baunton said: "Over the past nine years that I have served on the Board, TT has changed from an automotive focused group to a technology-rich electronics business with solutions in aerospace and defence, medical, and high-end industrial markets. I am excited by TT's prospects and look forward to watching how the business continues to prosper."
For further information please contact:
Tel: +44 (0)20 3128 8156
Tim Rowntree / Guy Featherstone
About TT Electronics
TT Electronics is a global provider of engineered electronics for performance critical applications.
The company operates in industries where there are structural growth drivers, working with market-leading customers in industrial, medical, aerospace and defence, and transportation sectors. Products designed and manufactured include sensors, power management devices and connectivity solutions. TT has design and manufacturing facilities in the UK, US, Sweden and Asia.
The company has three divisions. The Sensors and Specialist Components division works with customers to develop standard and customised solutions including sensors and power management devices. Our solutions improve the precision, speed and reliability of critical aspects of our customers' applications. The Power and Connectivity division designs and manufactures power application products and connectivity devices which enable the capture and wireless transfer of data. We collaborate with our customers to develop innovative solutions to optimise their electronic systems. The Global Manufacturing Solutions division provides manufacturing services and engineering solutions for our product divisions and to customers that often require a lower volume and higher mix of different products. We manufacture complex integrated product assemblies for our customers and provide engineering services including designing testing solutions and value-engineering.
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