WOKING, UK – TT Electronics has appointed Peter France as its new CEO to succeed Richard Tyson following the announcement made earlier this year of Tyson's departure.

France has a long track record in the industrial engineering and manufacturing sector, following a 28-year career at Rotork, including nine years as CEO. He is also a non-executive director of Spirax-Sarco Engineering. He has also been CEO of ASCO Group, an industrial services provider to global energy markets, since 2018. France joined TT and became a member of the board on Oct. 2.

"I am excited to be joining TT Electronics, a UK headquartered industrial business, delivering specialist technology solutions for some of the world's most important challenges, including efficient electrification," said France. "With an experienced board and management team, clear values and culture, and attractive positions in structurally growing markets, I am confident we will together deliver sustainable organic and, in due course, inorganic growth to drive value creation for all our stakeholders."

"I am delighted to welcome Peter as our new CEO to lead the group through the next phase of our evolution and accelerate our ambitious global growth strategy, building upon the strong platform and trading momentum created by Richard and the team in recent years," said Chairman Warren Tucker.