Source - LSE Regulatory
RNS Number : 8154X
TI Fluid Systems PLC
15 August 2018
 

15 August 2018

 

TI Fluid Systems plc

(the "Company")

 

Appointment of Non-Executive Director

 

The Board of TI Fluid Systems plc is pleased to announce the appointment of Elaine Sarsynski as an independent Non-Executive Director of the Company.

 

Elaine is currently a director on the board of AXA SA, the French multinational insurance firm, and is a member of AXA's Audit Committee.  Elaine is also currently a director on the board of Horizon Technology Finance Corporation, a venture lending platform that provides structured debt products to life science and technology companies, and is a member of Horizon's Audit, Nominating and Compensation Committees.

 

Elaine previously spent twelve years in the executive management team of Massachusetts Mutual Life Insurance Company, a mutual life insurance and financial services providers, including in the role of President of MassMutual Retirement Services. She also held the positions of Chairwoman, Chief Executive Officer and President of MassMutual International.

 

Elaine joined the board on 14 August 2018.

 

Other than the directorships highlighted above, there are no matters requiring disclosure pursuant to Listing Rule 9.6.13.

 

Manfred Wennemer, the Company's Non-Executive Chairman, said:

 

"We are extremely pleased to welcome Elaine Sarsynski to the Board. She has a deep wealth of boardroom, financial and commercial experience, which I am confident will add significant value to the Company and will further strengthen our board capabilities."

 

Enquiries:

 

TI Fluid Systems plc

Alpna Amar

Investor Relations            +44 (0)1865 871824

 

FTI Consulting                   +44 (0)20 3727 1340

Richard Mountain

Nick Hazell

 

About TI Fluid Systems plc

 

TI Fluid Systems (LSE: TIFS) is a leading global manufacturer of fluid storage, carrying and delivery systems primarily for the light duty automotive market. With nearly 100 years of automotive fluid systems experience, TI Fluid Systems has manufacturing facilities in 118 locations across 28 countries serving all major global OEMs.


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